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FILE PHOTO: The logo of Unilever is visible at the head office in Rotterdam, the Netherlands, on August 21, 2018. REUTERS / Piroschka van de Wouw
LONDON (Reuters) – Consumer goods giant Unilever on Thursday reported stronger-than-expected quarterly underlying sales growth, helped by rising prices and volume as well as strong emerging markets.
Dove soap maker and Ben & Jerry ice cream also confirmed its full-year guidance, which projected underlying sales growth in the bottom half of a range of 3 to 5 percent.
Underlying sales, excluding acquisitions, disposals and foreign exchange movements, increased 3.1% in the first quarter. Analysts on average expected an increase of 2.8%, according to consensus forecasts provided by the company.
The turnover decreased by 1.6% to 12.4 billion euros.
Report by Martinne Geller; Edited by Jan Harvey and Mark Potter
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