Unilever Q1 sales 15.0 bln eur, up 1.4%
Backs guidance (Il Sole 24 Ore Radiocor) - London, 25 Apr - The Anglo-Dutch consumer goods company Unilever said that in the first quarter turnover rose a reported 1.4% to 15 billion euros with 4.4% underlying sales growth (USG) and volume growth increasing to 2.2%.
During the period, there was an adverse 2.0% currency impact and a 0.9% negative effect from net disposals.
Power Brands, which comprise 75% of turnover, led growth with 6.1% USG driven by a 3.8% rise in volumes.
In detail, USG in Beauty & Wellbeing rose 7.4%, in Personal Care 4.8%, in Home Care 3.1%, in Nutrition 3.7%, and in Ice Cream 2.3%.
Unilever confirmed its full year guidance with underlying sales growth of 3-5% and a modest improvement in the underlying operating margin.
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(RADIOCOR) 25-04-24 08:40:58 (0184) 5 NNNN