Unilever (UK:ULVR) on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter, as volumes rose 3.6%. The company still sees 3% to 5% underlying sales growth and an underlying operating margin of at least 18%. "We are starting to see the positive impact from scaling fewer, bigger innovations across our markets supported by increased brand investment," said CEO Hein Schumacher in a statement.
-Steve Goldstein
For more from MarketWatch: http://www.marketwatch.com/newsviewer
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
October 24, 2024 02:19 ET (06:19 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.