Unilever PLC declare an quarterly interim dividend of £0.3812 pence per share

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Unilever PLC declare an quarterly interim dividend of £0.3812 pence per share

The Unilever plc Board has declared a quarterly interim dividend for Q4 2022 of £0.3812 per Unilever PLC ordinary share or €0.4268 per Unilever PLC ordinary share at the applicable exchange rate issued by WM/Reuters on 7 February 2023. Underlying sales growth accelerated to 9.0%, driven by all Business Groups, with price growth of 11.3% and volumes declining 2.1%

Other financial highlights include:

• Turnover increased 14.5% to €60.1 billion, including 6.2% from currency and (1.0)% from disposals net of acquisitions

• Underlying operating profit improved slightly to €9.7 billion despite margin decline of 230bps driven by input cost inflation

• Underlying earnings per share decreased 2.1%, diluted EPS up 28.8% helped by profit on disposals

• Free cash flow €5.2 billion, including €0.3 billion of tax paid on separation of ekaterra, the global Tea business, reflects 97% cash conversion

• €1.5 billion share buyback and €4.3 billion dividends during 2022

• Brand and marketing investment increased €0.5 billion in constant exchange rates  

•  Their billion+ Euro brands, accounting for 53% of Group turnover, delivered underlying sales growth of 10.9%, led by strong performances from OMO, Hellmann's, Rexona, Sunsilk and Magnum

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