Magnum blow sends Unilever stock lower

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Magnum blow sends Unilever stock lower
Photo: Oscar Olsson/TT

Food manufacturer Unilever is falling on the London Stock Exchange after a report that included an unexpectedly cautious forecast. Weak figures from ice-cream maker Magnum Ice Cream, which Unilever spun off in December but in which it still owns a fifth, are also contributing.

A third factor weighing on the stock is a sluggish start to 2026, which analysts say could result in an unexpectedly weak first quarter.

For the full year 2026, Unilever expects underlying sales growth of 4–6 percent and a moderate increase in profit margin.

Unilever - with brands such as Knorr, Slotts, Lipton, GB-ice cream and Ben & Jerry’s in its portfolio - is also announcing a new share buyback program starting in the second quarter of this year, which will return €1.5 billion to shareholders.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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