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Financial News

Mar 2006 Financial News

Unilever releases Year End Results

Mar 10, 2006

Unilever reported Earnings Per Share of $1.33 for the year ended December 31, 2005. This was 11.76 per cent more than 2004's Earnings Per Share of $1.19.

This growth in earnings was however as a result of reduced taxation including deferred taxation in 2005 as which is evident in the decrease in the Effective Tax Rate from 27.87 per cent to 19.95 per cent as Profit Before Tax was flat.

The Board has declared a finanl dividend of 80 cents to be paid on Friday, 19th May, 2006. This brings to total dividends paid for the fiscal year to $1.15.

Sreshtha Tewari
WISE Research Team