Unilever (ULVR LN, HOLD, T/P 3800p) released their Q1 trading statement this morning – Q1 underlying sales grew 2.9%. Turnover increased 6.1% to €13.3bn, in front of Bloomberg consensus of €13.2bn. Despite trading market conditions being described as tough, Unilever grew pricing by 3.0%, but saw volume declining 0.1%.
20 Apr 2017
Mature market growth still negative, despite beat in Q1
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Mature market growth still negative, despite beat in Q1
Unilever PLC (ULVR:LON) | 3,925 4474.8 3.0% | Mkt Cap: 98,340m
- Published:
20 Apr 2017 -
Author:
Chris Wickham -
Pages:
4
Unilever (ULVR LN, HOLD, T/P 3800p) released their Q1 trading statement this morning – Q1 underlying sales grew 2.9%. Turnover increased 6.1% to €13.3bn, in front of Bloomberg consensus of €13.2bn. Despite trading market conditions being described as tough, Unilever grew pricing by 3.0%, but saw volume declining 0.1%.