Unilever first quarter sales

The sales  ‘giant’ of consumer products, Unilever, rose in the first quarter of the year to 12.4 billion euros, 1.6% less than in the same period of the previous year, the company reported.

However, the group, which owns brands such as Knorr, Lipton and Dove, noted that its underlying sales figure, excluding its margarine business that was sold last year, grew 3.1%.

Thus, the group’s CEO, Alan Jope, reaffirmed that this “good start” exercise allows the company to “maintain its goals for the entire year.” “The growth was driven by emerging markets and balanced between volume and price,” he added.

In this way, Unilever maintains its goals for 2020 and expects an underlying sales growth of between 3% and 5%. In addition, the quarterly dividend increases by 6%, up to 0.4104 euros per share.

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