HUL Q2FY20 - Above Estimates
5 Key Things
1) Revenue Growth at 6.7% vs Poll 5.6%
2) Volume Growth at 5% vs Poll 4%
3) EBITDA Margin at 24.8% vs Poll 23.7%
4) Gross Margins +250 Bps YoY
5) Mgmnt Says - Near Term Demand Challenging, Rural Growth at 0.5X Urban