“Dramatic costs inflation” led the company to expect the FY22 margin to be down by between 140bp and 240bp. What a surprise, when the consensus was expecting -10bp, and us -30bp. The guidance obviously brings negative sentiment to other FMCG players.
10 Feb 2022
Such poor FY22 guidance was not expected
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Such poor FY22 guidance was not expected
Unilever PLC (ULVR:LON) | 3,812 1563.1 1.1% | Mkt Cap: 95,515m
- Published:
10 Feb 2022 -
Author:
Laura Parisot -
Pages:
3
“Dramatic costs inflation” led the company to expect the FY22 margin to be down by between 140bp and 240bp. What a surprise, when the consensus was expecting -10bp, and us -30bp. The guidance obviously brings negative sentiment to other FMCG players.