The Unilever plc Board has declared a quarterly interim dividend for Q4 2023 of £0.3647 per Unilever PLC ordinary share or €0.4268 per Unilever PLC ordinary share at the applicable exchange rate issued by WM/Reuters on 6 February 2024.
Other financial highlights include:
• Underlying sales growth of 7.0% with positive volumes, up 0.2% for the FY and 1.8% in Q4
• Turnover of €59.6 billion with (5.7)% impact from currency and (1.7)% from net disposals
• Underlying operating margin up 60bps to 16.7%, with gross margin up 200bps for the year and up 330bps in the second half
• Underlying EPS increased 1.4% with (9.6)% of adverse currency, up 11% on a constant basis
• Diluted EPS down (14.2)% against prior year that included €2.3 billion profit on disposal for the Tea business
• Strong cash conversion of 111% with free cash flow up €1.9 billion to €7.1 billion
• New €1.5 billion share buyback to commence in Q2
