UL - Unilever Q1 2024 Trading Update: Prepare For A Change
2024-04-30 13:06:34 ET
Summary
- Following its Q1 2024 trading update, Unilever appears well-positioned to deliver better-than-expected results for the full fiscal year.
- The market does not seem to price-in a margin improvement which would be the main catalyst for shareholder returns.
- Under the new management, Unilever is also making a notable change to its capital allocation and long-term investors should take notice.
After years of underperforming under its previous management, Unilever (NYSE: UL ) appears well-positioned for a much needed change and the most recent quarterly update confirms that. ...
Unilever Q1 2024 Trading Update: Prepare For A Change