“On July 25, 2018, we reported our second quarter 2018 results. We delivered a strong second quarter, in both developed and emerging markets, building on the momentum created in the beginning of the year,” said Dirk Van de Put, Chairman and CEO.
“We posted solid top-line results with good performance across all regions. We remain focused on executing against our plans and will share the results of our strategic review with investors in September.”
According to the report, Net revenues increased 2.1%; Organic Net Revenue1 grew 3.5%, Operating income margin was 7.9%, down 270 basis points; Adjusted Operating Income1 margin was 16.7%, up 130 basis points. Diluted EPS was $0.22, down 31%; Adjusted EPS1 was $0.56, up 15% on a constant-currency basis. It announces 18% increase to quarterly cash dividend.