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ULVR Unilever Plc

3,787.00
49.00 (1.31%)
Last Updated: 09:22:14
Delayed by 15 minutes
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

Unilever 1Q Sales Fell; Raises Quarterly Dividend

18/04/2019 7:45am

Dow Jones News


Unilever (LSE:ULVR)
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From Apr 2019 to Apr 2024

Click Here for more Unilever Charts.
   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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