Unilever PLC Sponsored ADR Stock News

The British company, whose vast portfolio of brands spans Dove, Axe, Knorr and Vaseline, recorded sales growth across all segments in the first half of the year.

Unilever PLC (LSE:ULVR) shares rallied close to 6% this morning as investors shrugged off missed quarterly guidance and turned their attention to the prospect of greater profitability later in the year. Soaring to record highs at the open, the consumer goods giant said its underlying operating margin had increased by 250 bps to 19.6%.

Unilever PLC (LSE:ULVR) second quarter might see it beat expectations for a third period running, suggest analysts at Barclays. This ‘hat-trick' would be represented by organic sales growth (OSG) of 4.4% split between volumes of 2.9% and price hikes of 1.5%.

Unilever PLC (LSE:ULVR) is forecast to report 4.7% year-on-year underlying sales growth in the second quarter, according to UBS analysts. Total sales volumes are tipped to expand by 3%, with an observable increase in gross margins also predicted.

With both the war in Ukraine and Israel dragging on and causing untold destruction, the dollar amount of damages to housing infrastructure in business simply cannot be calculated. While these events are indisputable tragedies, they do result in the unavoidable reality of reconstruction.

Keir Stamer's style is the polar opposite of Donald Trump. Many wondered if he was too boring to be U.K. Prime Minister.

The Unilever (NYSE: UL) share price has done well this year. It has risen for nine straight months, pushing it to its highest point on record.