Unilever H1 Profit Declines

24-Jul-2015 - United Kingdom

Anglo-Dutch consumer goods giant Unilever plc (UN, UL, ULVR.L) Thursday reported first-half net profit attributable to shareholders' equity of 2.49 billion euros, compared to last year's 2.82 billion euros. 

Half-yearly combined earnings per share of 0.87 euros, were lower than the previous year's 0.97 euros. On a core basis, profit attributable to shareholders' equity totaled 2.60 billion euros, or 0.91 euros per share, versus 2.28 billion euros, or 0.78 euros per share, reported a year back. 

At current rates, turnover for the six-month period increased 12.0% year-over-year to 27.0 billion euros, from 24.1 billion euros. The firm also recorded underlying sales growth of 2.9% with emerging markets up 6.0% during the first half. (dpa)

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