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Unilever FY Profit Down; To Buy Back Up To EUR 1 5 Bln Of Shares

Unilever FY Profit Down; To Buy Back Up To EUR 1 5 Bln Of Shares
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Britain s Unilever reports profit decline for 2023

British consumer goods company Unilever reported a decline in its net profit attributable to shareholders' equity for fiscal year 2023. It dropped from €7.64 billion ($8.22 billion) with 2.99 € per share in the previous year, to €6.49 billion with €2.56 per share. The prior year results included €2.3 billion profit on disposal for the Tea business. Looking ahead for fiscal year 2024, Unilever expects underlying sales growth to be within its multi-year range of 3% to 5%, with more balance between

Unilever improving financial performance, with return to volume growth

Unilever announces its 2023 Full Year Results, showcasing a growth action plan implemented at a rapid pace. Key financial and operational highlights are discussed, along with the CEO's statement on improving performance. The outlook for 2024 is also provided, along with an update on the Growth Action Plan.

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