Why Invest in Unilever

Turnover (€ million)

15,517

30,344

59,592

Turnover change (%)

(3.6)%

(2.5)%

(1.9)%

Exchange rates (%)

(5.3)%

(3.3)%

(4.1)%

Acquisitions and disposals (%)

(2.1)%

(2.3)%

(1.4)%

Underlying sales growth (%)

3.6%

3.3%

3.9%

Volume (%)

1.6%

1.4%

1.8%

Price (%)

2.1%

1.9%

2.1%

Underlying operating profit

5,702

11,097

Underlying operating margin (%)

18.8%

18.6%

Change in underlying operating margin (bps)

(80)

20

Non A&D restructuring costs

(413)

(815)

Net finance cost

(348)

(694)

Joint ventures, associates

139

273

Non current investments

(0)

7

Underlying profit before taxation

5,470

10,639

Underlying tax rate (%)

25.5%

25.5%

Underlying taxation

(1,397)

(2,712)

Operating profit

5,284

10,269

Operating margin (%)

17.5%

17.2%

Net profit (underlying)

4,086

7,957

Attributable to non controlling interests (NCI)

326

647

Underlying profit attributable to shareholder's equity

3,761

7,309

Average # of shares on a fully diluted basis

2,483

2,471

Underlying EPS (in Euros)

1.51

2.96

Underlying EPS growth (%)

(6.8)%

(0.6)%