CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Please ensure you fully understand the risks involved.

Unilever Q1 results: will it hit sales growth target in 2020?

The British-Dutch consumer goods company is targeting 3%-5% sales growth in 2020, with investors eager to see how its first three months of trading have gone on Thursday amid challenging market conditions.

Unilever will unveil its first-quarter (Q1) results on Thursday, with investors eager to get an update on its first three months of trading to see whether the company is on track to hit its sales growth guidance for 2020.

This year, the British-Dutch consumer goods company is expecting its underlying sales growth is to be in the lower half of its multi-year 3%-5% range, with it heavily weighted towards the H2 of 2020.

‘While we expect an improvement from Q4 of 2019 into the H2 of 2020, H1 underlying sales growth will be below 3%,’ Unilever chief executive officer (CEO) Alan Jope said.

Unilever expected to raise dividend

The strength of Unilever’s business model is helping it to weather the economic fallout from the Covid-19 crisis far better than many of its blue-chip rivals.

The FTSE 100 is trading 25% lower on a year-to-date basis, while Unilever continues to outperform the broader market with the stock losing just 3% of its value over the same period.

Not only that, but the Magnum ice cream maker is also one of the few FTSE 100 companies to not scrap its dividend payout this year as a result of the challenging market conditions. In fact, the consumer goods company is even expected to raise its dividend by around 9% in 2020.

Investors will be paying close attention to whether the slowdown in Asia has continued to impact revenues in its Q1 of trading, with the market crucial to it hitting its overall sales growth target this year.

How to trade stocks with IG

Looking to trade Unilever and other stocks? Open a live or demo account with IG and buy (long) or sell (short) the asset using derivatives like CFDs in a few easy steps:

  • Create an IG trading account or log in to your existing account

  • Enter ‘Unilever’ in the search bar and select it

  • Choose your position size

  • Click on ‘buy’ or ‘sell’ in the deal ticket

  • Confirm the trade

This information has been prepared by IG, a trading name of IG Australia Pty Ltd. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.

React to global volatility

Market volatility continues as coronavirus dominates the global agenda. Trade with us to take advantage of:

  • Tight spreads – from just 1 point on major indices, and 2.8 on US crude
  • Guaranteed stops – they’re free to use, and you’ll only pay a small fee if they’re triggered
  • Round-the-clock assistance – our highly-skilled team are on hand to support you

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

See more forex live prices


See more shares live prices


See more indices live prices

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.