Trending: Unilever's 1Q Sales Driven by Price Increases and Improved Volumes
April 27 2023 - 5:41AM
Dow Jones News
1010 GMT - Unilever PLC is the most mentioned company across
news items over the past four hours, according to Factiva data. The
Anglo-Dutch multisector retailer--which owns consumer brands such
as Ben & Jerry's ice cream, Dove soap and Cif and Domestos
cleaning products--reported a better-than-expected turnover of 14.8
billion euros ($16.34 billion) in the first quarter and underlying
sales growth of 10.5%. The increase was driven by improved volumes
performance, down 0.2% as the market expected a drop of 3.2%, while
the price increase was in line with the company-provided consensus
of 7.2%. Dow Jones & Co. owns Factiva.
(michael.susin@wsj.com)
(END) Dow Jones Newswires
April 27, 2023 06:26 ET (10:26 GMT)
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