Unilever announces profit slump on Russia exit and restructuring costs

British consumer goods giant Unilever on Thursday, February 13, announced falling net profits for 2024, hit by exiting Russia and other restructuring costs. Profit after tax dropped 11 percent to 5.7 billion euros (USD 5.9 billion) compared with 2023, said the group whose products include Axe deodorant, Cif surface cleaner and Dove soap. Sales increased nearly two percent to 60.8 billion euros. With underlying sales growing by 6.5%, and volume sales growing by 5.1%, Beauty & Wellbeing... - Industry buzz

Feb 14, 2025 - 12:41

British consumer goods giant Unilever on Thursday, February 13, announced falling net profits for 2024, hit by exiting Russia and other restructuring costs.
Profit after tax dropped 11 percent to 5.7 billion euros (USD 5.9 billion) compared with 2023, said the group whose products include Axe deodorant, Cif surface cleaner and Dove soap. Sales increased nearly two percent to 60.8 billion euros.
With underlying sales growing by 6.5%, and volume sales growing by 5.1%, Beauty & Wellbeing... - Industry buzz