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Name | Symbol | Market | Type |
---|---|---|---|
Unilever PLC | NYSE:UL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.22 | 0.42% | 52.37 | 5,146 | 10:00:50 |
By Rory Gallivan
LONDON--Unilever PLC (ULVR.LN) Thursday reported a 2% fall in first-quarter revenue after unfavorable exchange rates offset growth in volume and price increases.
The Anglo-Dutch consumer goods group, whose brands include Dove soap and Ben and Jerry's ice cream, reported revenue of 12.5 billion euros ($14.3 billion) for the quarter ended March 31. Underlying sales grew 4.7%.
"We are maintaining momentum despite a tougher external environment, with all four categories gaining market share," said Chief Executive Paul Polman, referring to the group's personal-care, foods, home-care and refreshment categories.
"This broad-based growth, including over 8% in emerging markets, shows the validity of our strategy, portfolio management and a step-up in innovation," Mr. Polman said.
Unilever declared a 6% increase in its quarterly dividend to EUR0.32 a share.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
April 14, 2016 02:33 ET (06:33 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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