Unilever share price: what to expect from its half-year results
The British-Dutch consumer goods company has made s strong start to the new financial year with growth driven by emerging markets, with the business on track to hit the lower end of its sales targets in 2019.
When is Unilever’s results date?
Unilever will unveil its half-year results on July 25.
Unilever’s results preview: what does the City expect?
Unilever has delivered a strong start to the new financial year and remains on track to meet its full-year guidance, with investors hoping for more of the same ahead of its half-year results.
‘For the full year we continue to expect underlying sales growth to be in the lower half of our multi-year 3% – 5% range, an improvement in underlying operating margin that keeps us on track for the 2020 target and another year of strong free cash flow,’ Unilever CEO Alan Jope said earlier this year.
Growth this year has been led by emerging markets and balanced between volume and price, with the British-Anglo consumer goods business looking to accelerate its expansion over the next six months.
The company has so far seen it perform well across several key growth channels like out of home and e-commerce and had success with stronger global and local innovations.
Unilever has also benefitted from synergies from acquisitions it has made since 2015, which includes US-based skincare business Sundial Brands.
The company has acquired around 18 assets over the last four years and spent more than €8.8 billion on its inorganic growth strategy, which was championed by Jope’s predecessor Paul Polman.
These deals have helped Unilever see double-digit growth in its first quarter of this year, with the company announcing a management restructuring in March aimed at forging a new path for growth.
Practise trading Unilever and other consumer goods stocks with an IG demo account.
Unilever’s share price continues to climb
This financial year, Unilever has seen its share price gain more than 23% climbing from £41.43 a share back in January to hovering around £50.63 a share as of 10:40 GMT on Thursday.
The company’s stock has doubled in value over the last four years, prompting some market commentators to argue that it is slightly overvalued.
However, with strong growth in emerging markets like India and China the business looks capable of delivering a strong performance over the long-term.
This information has been prepared by IG, a trading name of IG Markets Ltd and IG Markets South Africa Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only
