Unilever Launches Buyback Amid Growth

Unilever Launches Buyback Amid Growth

THE WHAT? Unilever launched a €1.5 billion share buyback program as it reported volume growth for the first time in ten quarters.

THE DETAILS The company’s full-year underlying operating profit increased by 2.6% to €9.9 billion, with an operating margin rise of 60 basis points to 16.7%, missing analysts’ expectations. Following the announcement, Unilever’s shares rose by up to 4%, reaching their highest point since the last earnings report in October.

THE WHY? Unilever’s market share win rate stands at 37%, impacted by portfolio adjustments, price increases, and changing consumer behaviors. The company anticipates a “modest improvement” in its underlying operating margin and aims for sales growth within its 3% to 5% target range.

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