Unilever stands by outlook after first quarter meets expectations - News Summed Up

Unilever stands by outlook after first quarter meets expectations


Unilever reported underlying sales growth of 3.4%, meeting an analysts’ consensus supplied by the company. It also reported underlying sales growth of 3.4%, meeting an analysts’ consensus supplied by the company. Almost all of Unilever’s sales growth came from selling more products, with only a 0.1% boost from higher pricing. The company stood by its forecast for 2018 sales growth of 3-5%. Swiss food group Nestle confirmed its full-year guidance after organic sales growth accelerated to 2.8% in the first quarter of 2018, helped by improving volumes.


Source: Mint April 19, 2018 08:48 UTC



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