Unilever released its Q1 trading update. The underlying sales stood at 4.7% (in line with consensus) with volumes up 2.6% and pricing 2%. The negative currency impact stood at -7.1% whereas net acquisitions were at 0.7%. OG by division: Personal Care +5.8%, Foods +1.9% (continuous weak performance with slightly negative volumes of -0.2%), Home Care +7% (very strong growth), Refreshments +3.8% (good performance). OG by region: Asia/AMET/RUB grew +5% (mostly volume driven), the Americas grew +8
14 Apr 2016
Strong currency headwinds wipe out good underlying performance in Q1.
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Strong currency headwinds wipe out good underlying performance in Q1.
Unilever PLC (ULVR:LON) | 3,812 1563.1 1.1% | Mkt Cap: 95,515m
- Published:
14 Apr 2016 -
Author:
Anna Zyniewicz -
Pages:
2
Unilever released its Q1 trading update. The underlying sales stood at 4.7% (in line with consensus) with volumes up 2.6% and pricing 2%. The negative currency impact stood at -7.1% whereas net acquisitions were at 0.7%. OG by division: Personal Care +5.8%, Foods +1.9% (continuous weak performance with slightly negative volumes of -0.2%), Home Care +7% (very strong growth), Refreshments +3.8% (good performance). OG by region: Asia/AMET/RUB grew +5% (mostly volume driven), the Americas grew +8