First half highlights
· Underlying sales growth excluding spreads 2.7% with volume 2.5% and price 0.2%
· Truckers' strike in Brazil adversely affected USG by around 60bps
· Emerging markets underlying sales growth 4.1% with volume 3.3% and price 0.8%
· Turnover decreased 5.0% including an adverse translational currency impact of (8.9)%
· Underlying operating margin up 80bps driven by increased gross margin and further reduced overheads
· Underlying earnings per share up 7.8% after a currency impact of (10.8)%, constant underlying EPS up 18.6%
Later;
The Boards have determined to pay a quarterly interim dividend for Q2 2018 at the following rates which are equivalent in value between the two companies at the rate of exchange applied under the terms of the Equalisation Agreement:
Per Unilever PLC ordinary share
£ 0.3435
Ex Div 2 Aug 18, paid 5 Sep 18.
https://www.investegate.co.uk/unilever- ... 00040928V/