Unilever plc announced on Thursday that its turnover in the fourth quarter of 2024 stood at €14.2 billion, marking a decline of 0.1% compared to the same period in 2023. Underlying sales growth in the three-month period was 4%. The quarterly dividend payable in March stood at €0.4528 per share.
For the full fiscal 2024, the consumer goods company's turnover rose 1.9% to €60.8 billion and underlying sales growth reached 4.2%. GAAP operating profit fell 3.7% to €9.4 billion. Full-year net profit dropped 10.8% to €6.4 billion, or €2.29 per diluted share. The company added it expects to complete the separation of its UIce Cream business by the end of 2025.
"Today's results reflect a year of significant activity as we focused on transforming Unilever into a consistently higher performing business. Under the Growth Action Plan, we committed to doing fewer things, better and with greater impact. We executed the plan at pace and made progress in 2024," CEO Hein Schumacher stated.
