Emerging markets drive Unilever Q1 turnover growth

25 April 2013 11:00  [Source: ICIS news]

LONDON (ICIS)--Unilever’s turnover for the first quarter of 2013 increased by 0.2% year on year to €12.2bn ($15.8bn), as strong emerging markets results helped to offset sluggish mature markets and currency depreciation, the Anglo-Dutch consumer goods company said on Thursday.

Group sales increased by 4.9% overall, buoyed by a 10.4% increase in emerging market sales during the quarter, compared to the same period last year. Pricing was up by 2.6% during the quarter, the company added.

 “Growth remained solid in emerging markets despite the continuing macroeconomic headwinds, whilst developed markets remained sluggish,” the company said in a statement

Unilever’s trading statement did not include detailed profit or loss figures.

($1 = €0.77)

By: Tom Brown
+44 208 652 3214

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