Unilever (ULVR LN, HOLD, T/P 3800p) is due to release interim 2017 results on Thursday 20th July. We take this opportunity to update our forecasts and preview the data. In Unilever’s Q1 results, underlying sales grew 2.9% despite tough trading market conditions. Pricing grew 3.0%, but volume fell 0.1%. We trim our 2017 organic revenue growth forecast from 3.4% to 2.8%.
17 Jul 2017
Interim results preview
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Interim results preview
Unilever PLC (ULVR:LON) | 3,773 1207.4 0.9% | Mkt Cap: 94,526m
- Published:
17 Jul 2017 -
Author:
Chris Wickham -
Pages:
4
Unilever (ULVR LN, HOLD, T/P 3800p) is due to release interim 2017 results on Thursday 20th July. We take this opportunity to update our forecasts and preview the data. In Unilever’s Q1 results, underlying sales grew 2.9% despite tough trading market conditions. Pricing grew 3.0%, but volume fell 0.1%. We trim our 2017 organic revenue growth forecast from 3.4% to 2.8%.