Q4 was weak but finally less than we expected. While the end of the year was marked by many concerns, improvements are expected, especially in H2 FY20. The group maintained its 20% operating margin target for 2020, while we become more and more confident about its success following the announcement of the tea strategic review.
30 Jan 2020
Is the worst over?
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Is the worst over?
Unilever PLC (ULVR:LON) | 3,975 0 0.0% | Mkt Cap: 99,586m
- Published:
30 Jan 2020 -
Author:
Laura Parisot -
Pages:
3
Q4 was weak but finally less than we expected. While the end of the year was marked by many concerns, improvements are expected, especially in H2 FY20. The group maintained its 20% operating margin target for 2020, while we become more and more confident about its success following the announcement of the tea strategic review.