Does Unilever Stock Have More Room For Growth?
- Friday, March 31, 2023, 7:11
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This can be attributed to 1 the company’s P/S ratio, which declined 24% to 2.2x trailing revenues from 2.9x in 2019, partly offset by 2 a 16% rise in Unilever revenue to Eur 60.1 billion, and 3 its average shares outstanding falling 3% to 2.6 billion.