- Unilever’s 4Q underlying sales exceeded estimates with a growth of 4.7%, higher than the predicted 4.56%.
- The Beauty & Wellbeing sector performed particularly well with underlying sales up by 7.9%, surpassing the estimate of 5.31%.
- Personal Care and Nutrition also saw a rise in underlying sales with 6.4% and 4.7% respectively, beating their estimates.
- Home Care underlying sales were up by 1.7%, however, this was below the estimated growth of 3.46%.
- Ice Cream was the only sector to see a decline in underlying sales at -0.4%, falling short of the estimated growth of 3.67%.
- Overall underlying volume for Unilever increased by 1.8%, higher than the estimated 1.04%.
- Unilever’s revenue for 4Q amounted to EU14.2 billion, slightly lower than the estimated EU14.37 billion.
- The dividend per share for Unilever stood at EU0.4268.
- For the year 2023, Unilever’s underlying EPS was EU2.60, just below the estimate of EU2.62.
- The revenue for the year 2023 was EU59.60 billion, slightly lower than the estimated EU59.99 billion.
- The underlying operating profit for 2023 was EU9.93 billion, marginally beating the estimated EU9.92 billion.
- The free cash flow for Unilever in 2023 was EU7.09 billion, higher than the estimated EU6.84 billion.
A look at Unilever PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Unilever PLC, a leading manufacturer of consumer goods, has received a Smartkarma Smart Score of 2 for Value, 3 for Dividend, 4 for Growth, 2 for Resilience, and 3 for Momentum. This indicates a positive long-term outlook for the company.
With a strong focus on value and growth, Unilever PLC is expected to continue its success in the consumer goods market. The company’s resilient nature and consistent dividend payments also make it an attractive choice for investors.
As a dually-listed company with UNA NA, Unilever PLC has a global presence and a diverse portfolio of products including food, detergents, fragrances, and home and personal care items. With its consistently high Smart Scores across various factors, Unilever PLC is poised for continued success in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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