Earnings Alerts

Unilever PLC (ULVR) Earnings: 2Q Revenue Meets Estimates Amid Strong Underlying Growth

  • Unilever’s 2Q Revenue was €16.09 billion, slightly above the estimated €16.01 billion.
  • Beauty & Wellbeing segment revenue came in at €3.34 billion, surpassing the estimated €3.25 billion.
  • Personal Care segment revenue matched estimates at €3.53 billion.
  • Home Care segment revenue was €3.11 billion, beating the estimated €3.06 billion.
  • Nutrition segment revenue was €3.29 billion, slightly below the estimated €3.31 billion.
  • Ice Cream segment revenue was €2.82 billion, just under the estimated €2.83 billion.
  • Dividend per share announced: €0.4396.
  • First Half (H1) Results:
    • Beauty & Wellbeing underlying operating profit: €1.31 billion (estimate: €1.24 billion).
    • Personal Care underlying operating profit: €1.60 billion (estimate: €1.43 billion).
    • Home Care underlying operating profit: €1.03 billion (estimate: €815.6 million).
    • Nutrition underlying operating profit: €1.49 billion (estimate: €1.27 billion).
    • Ice Cream underlying operating profit: €672 million (estimate: €713.6 million).
  • Underlying sales grew by 4.1%, with three consecutive quarters of positive volume growth.
  • Focus remains on high-quality sales growth and gross margin expansion, led by Power Brands.
  • Strong gross margin progression led to increased investment behind innovations and higher profitability.
  • Market sentiment: 13 buys, 10 holds, 4 sells.

Unilever PLC on Smartkarma

Analysts on Smartkarma are buzzing about Unilever PLC‘s recent announcement to spin off its ice cream business into a separate company by the end of 2025. Garvit Bhandari highlights that the move will enable the parent company to focus on higher growth, higher-margin businesses. Unilever’s decision to separate its ice cream business, potentially through a spin-off transaction, will see the company concentrating on four core areas: beauty and wellbeing, personal care, home care, and nutrition.

The sentiment among analysts, portrayed as bullish, emphasizes that the split will facilitate Unilever in allocating capital and resources more efficiently towards categories with substantial potential for expansion. This strategic shift provides investors with a clearer understanding of Unilever’s roadmap and opportunities moving forward in the dynamic consumer goods landscape.


A look at Unilever PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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 globally recognized company manufacturing a wide range of consumer goods, has been assessed using the Smartkarma Smart Scores across key factors. The company’s outlook shows a promising trend, with above-average scores in Growth and Momentum indicating positive potential for the future. This suggests that Unilever PLC is well-positioned for expansion and is experiencing strong market momentum, which could bode well for its long-term performance.

While Unilever PLC scores lower in Value and Resilience, the overall outlook remains optimistic due to the solid scores in Growth and Momentum. Additionally, with a moderate score in Dividend, the company offers a reasonable dividend payout, appealing to investors seeking income. As a dually-listed company with UNA NA, Unilever PLC continues to showcase its stability and growth prospects in the consumer goods industry, making it a noteworthy stock to watch for potential long-term investment opportunities.


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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