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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Unilever Plc | LSE:ULVR | London | Ordinary Share | GB00B10RZP78 | ORD 3 1/9P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
49.00 | 1.31% | 3,787.00 | 3,787.00 | 3,788.00 | 3,788.00 | 3,747.00 | 3,754.00 | 312,268 | 09:22:14 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Perfume,cosmetic,toilet Prep | 59.6B | 6.49B | 2.5958 | 14.56 | 94.44B |
By Anthony Shevlin
Unilever PLC (ULVR.LN) said Thursday that first-quarter revenue fell, driven by the disposal of its spreads business, but the company is on track for its full-year targets.
Unilever, owner of the Hellmann's mayonnaise, Dove soap and Ben & Jerry's ice cream brands, said revenue for the quarter was 12.4 billion euros ($14.01 billion), compared with EUR12.6 billion the previous year.
Underlying sales, which strip out the impact of foreign-exchange movements, grew 3.1%. Underlying sales in emerging markets rose 5%.
The Anglo-Dutch company said it expects underlying sales growth to be in the lower half of its 3% to 5% multiyear guidance range. However, it continues to expect an improvement in underlying operating margin as well as strong free cash flow.
The company raised its quarterly dividend by 6% to EUR0.4104 per share, it said.
Alan Jope, chief executive of Unilever, said: "We have delivered a solid start that keeps ups on track for our full-year expectations. Growth was led by emerging markets and was balanced between volume and price."
Write to Anthony Shevlin at anthony.shevlin@dowjones.com; @anthony_shevlin
(END) Dow Jones Newswires
April 18, 2019 02:30 ET (06:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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