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Unilever Shares News & Articles

Unilever marked down after withdrawing 2020 guidance, although dividend maintained

Shares in Domestos, Marmite and Magnum ice cream maker Unilever (ULVR) cheapened 5% to £40.30 on Thursday after the FTSE 100 titan withdrew 2020 sales and margin guidance due to the COVID-19 pandemic. The packaged consumer goods giant also posted flat first quarter organic sales, although thankfully for shareholders who rely on income, Unilever's strong balance sheet and cash position meant ...
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