Unilever’s profits (ULVR) Q4, fiscal year 24 years full

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Ben & Jerry loudspeakers were seen on Mark Fresh Fresh Ave on March 19, 2024 in the Flatbush neighborhood in Brooklyn Borough in New York City.

Michael M. Santiago Gety pictures

Consumer goods giant Unilever On Thursday, she published a little weaker growth, and pointed to a defeated start until 2025, although this is expected to be reflected in the second half of the year.

The company also presented an update on its ice cream show, which includes trademarks including Ben and Jerry’s and Magnum, saying it would be transferred through a triple menu.

The soapy and munists maker make up 4 % in the basic sales for the fourth quarter, and the loss of some 4.1 % prediction in the company’s operator estimate.

The basic sales of the entire year grew by 4.2 % against the consensus of the analyst that the company lacks by 4.3 %. This led with a growth of 2.9 %. The basic operating margins came by 18.4 % compared to 18.3 %. Both numbers were in line with the company’s expectations for the whole year.

Unilever shares decreased by 6.7 % at 09:29 am London time.

“Today’s results reflect a year of great activity, as we focused on converting Unilever into constantly higher performance works,” CEO Hine Schumacher said in a statement.

He added, “It is expected that the market growth, which slowed during 2024, will remain soft in the first half of 2025,” he added.

Exchanging its forecast for 2025, the British company said it expects the growth of the whole year sales in line with its multi -year range from 3 % to 5 %. She also said that she expected a “modest improvement” in the basic operation margin, which will be achieved in the second half of the year.

Unilever, which includes about 400 brands, is looking to sell many food lines with combined sales of about 1 billion euros ($ 1.04 billion). FD In December.

Schumacher did not mention the specified brands, but Unilever said in March he was Ice cream unit spinning.

On Thursday’s update, the company said that the unit will be separated via Demerger, with lists in Amsterdam, London and New York – the same three stock exchanges in which Unilever shares are currently traded – and that they were on the right path to complete it by the end of 2025.

“De-Merger is on the right track,” Schumacher told CNBC, adding that Amsterdam will be the basic list.

When asked whether Unilever was still considering a possible sale of the ice cream unit, Schumacher said that the company “is completely focused on a successful Demerger in a successful way. This is what all our actions revolve around.”



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