Unilever net profit up, sales down

Unilever (UL) 2013 net profit +9% to €5.3B.

Core EPS +3% to €1.58

Revenue -3% to €49.78B.

Operating profit +8% to €7.5B.

Underlying sales growth 4.3%, with revenue rising 8.7% in emerging markets.

However, growth has slowed in the latter markets, due to economic uncertainty and currency depreciation. Personal-care sales decelerated to +7.3% from +10%, the first slowdown in six years.

Developed markets remained weak.

Unilever expects "ongoing volatility in the external environment" and is "positioning...accordingly." (PR)

From other sites
Comments (1)
  • bikerskibum
    , contributor
    Comments (107) | Send Message
    This result seems to be "steady as she goes". Everything seems to be increasing if not at the rate it was but these are difficult times. So overall not displeased. The market seems to agree and it has recovered much of it's recent losses. Glad I increased my holding on the recent dip!
    Unilever is one of my core stocks and I plan for it to remain so.
    21 Jan 2014, 04:46 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs