Q2 results were roughly in line with expectations. With little surprise, the FY21 margin outlook was cut given the price uncertainties of the raw materials. This is the first bad signal for the sector.
22 Jul 2021
A lowered margin target, which does not bode well for the sector
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A lowered margin target, which does not bode well for the sector
Unilever PLC (ULVR:LON) | 3,773 1207.4 0.9% | Mkt Cap: 94,526m
- Published:
22 Jul 2021 -
Author:
Laura Parisot -
Pages:
2
Q2 results were roughly in line with expectations. With little surprise, the FY21 margin outlook was cut given the price uncertainties of the raw materials. This is the first bad signal for the sector.