Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Unilever Q1 Revenues Climb On Emerging Markets' Strength - Quick Facts

RELATED NEWS
Trade UL now with 

Anglo-Dutch consumer products maker Unilever (UN,UL: Quote, ULVR.L) on Thursday reported that its first-quarter turnover increased 11.9 percent from last year with growth in all categories and regions, despite sluggish economies, weak consumer confidence in many markets and sustained levels of competitive intensity.

Turnover grew to 12.14 billion euros from last year's 10.86 billion euros. The company noted that acquisitions net of disposals contributed 2.7 percent to turnover.

Underlying sales growth, excluding acquisitions, was 8.4 percent as all categories contributing to growth, with emerging markets, now 56 percent of the business, up 11.9 percent and developed markets up 4.2 percent.

Underlying volume growth was 3.5 percent and pricing grew 4.7 percent

In the quarter, personal care revenues climbed 20.9 percent, and foods revenues grew 5.5 percent. The growth was 9.2 percent in home care and 9.3 percent in refreshment segments. All three regions also posted higher revenues in the quarter.

The Boards have declared a quarterly interim dividend of 0.243 euros per share for the quarter, up 8 percent from last year.

Chief Executive Officer Paul Polman said, "The external macro-economic environment remains difficult and higher input cost headwinds persist. Our long term priorities remain unchanged - profitable volume growth ahead of our markets, steady and sustainable core operating margin improvement and strong cash flow."

"For 2012, we remain on track to deliver a modest improvement in full year core operating margin, weighted towards the second half of the year," he added.

Register
To receive FREE breaking news email alerts for Unilever PLC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Colorado based doctor Dilip Joseph, who was kidnapped by the Taliban discusses his ordeal in detail in a book published by Amazon on Tuesday. Extending the rebound seen over the course of the previous session, stocks moved sharply higher during trading on Friday. The gains on the day partly offset the recent sell-off on Wall Street, although the major averages remain well off their mid-September highs. While the Ebola outbreak in the U.S. has thus far been limited to just three people, the results of a new CBS News poll suggest that news of the disease has contributed to a sharp drop in public confidence in the Centers for Disease Control and Prevention.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.