Trending: Unilever Returns to Volume Growth, Launches Buyback
1052 GMT - Unilever is the second most mentioned company across news items over the past two hours, according to Factiva data. The Anglo-Dutch retailer reported sales volumes growth--0.2% for the year and 1.8% in the fourth quarter--for the first time in two years as it rebuilds under its turnaround plans. Unilever--which owns consumer brands such as Ben & Jerry's ice cream and Dove soap--expects underlying sales growth for 2024 to be within the range of 3% to 5%, with more balance between volume and price, and launched a EUR1.5 billion share-buyback program for 2024. Dow Jones & Co. owns Factiva. (michael.susin@wsj.com)
(END) Dow Jones Newswires
February 08, 2024 06:07 ET (11:07 GMT)
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