Unilever price rises help it beat third-quarter sales forecasts

Unilever price rises help it beat third-quarter sales forecasts
 

Price increases helped Unilever (ULVR.L) report a smaller-than-expected slowdown in third-quarter sales on Thursday.
The maker of Ben & Jerry's ice cream and Dove soap reported underlying sales growth of 3.2 percent for the latest three months. Analysts on average expected growth of 2.9 percent, according to a company-supplied consensus, a slowdown from 4.7 percent in the first half of the year.
The company in July said it was expecting full-year sales to grow 3-5 percent, with margins improving in the historical range of 0.3-0.4 percentage points, rather than the 0.5 points it... read more

 
13 October 2016 in Business, Views: 41
Source: Reuters
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