Unilever beats first-quarter underlying sales growth estimates
Unilever exceeded expectations with a 3% increase in underlying sales growth for the first quarter, surpassing analysts' predictions of a 2.8% rise. The company, known for brands like Dove and Ben & Jerry's, reaffirmed its full-year 2025 outlook, ...
By Reuters | Updated:
Reuters
Unilever beat estimates for first-quarter underlying sales growth on Thursday and reaffirmed its full-year 2025 outlook.
The maker of Dove soap and Ben & Jerry's ice cream posted 3% underlying sales growth for the quarter ended March 31, topping analysts' expectations of a 2.8% rise.
Unilever, whose other brands include Vaseline, Hellmann's mustard and Lifebuoy, said it was confident about its full-year plans despite the global macroeconomic uncertainty.
The company said its productivity programme was ahead of plan, and is expected to deliver about 550 million pounds ($729.74 million) in savings by the end of 2025.
($1 = 0.7537 pounds)
The maker of Dove soap and Ben & Jerry's ice cream posted 3% underlying sales growth for the quarter ended March 31, topping analysts' expectations of a 2.8% rise.
Unilever, whose other brands include Vaseline, Hellmann's mustard and Lifebuoy, said it was confident about its full-year plans despite the global macroeconomic uncertainty.
The company said its productivity programme was ahead of plan, and is expected to deliver about 550 million pounds ($729.74 million) in savings by the end of 2025.
($1 = 0.7537 pounds)
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
