Unilever rose more than 5.4% before the market opened. Its interim operating profit increased by 17% and it maintained its full-year guidance.
Special topic: Focus on the second quarter financial report of US stocks in 2024
Glodon News July 25 | Unilever (UL.US) US stocks rose more than 5.4% before the market opened, closing at $59.63. On the news front, Unilever's real operating profit in the first half of the year increased by 17% year-on-year to 6.1 billion euros, revenue increased by 2.3% year-on-year to 31.117 billion euros, and net profit increased by 4.3% year-on-year to 3.701 billion euros. In the second quarter alone, real sales increased by 3.9%, lower than the market expectation of 4.2%. The real price of products increased by 1% during the quarter, and the real sales volume increased by 2.9%. The company maintains its forecast of 3% to 5% real sales growth for the whole year, and the real operating profit margin for the whole year is expected to be 18%.