LONDON: Despite flat sales of €9.53bn, Unilever's first quarter figures showed underlying revenue growth of 5.7%, after factoring-out the effects of international currency movements and disposals.
The numbers are comfortably ahead of analysts' expectations and the group's own 2007 target of 3%-5% underlying sales growth.
Says ceo Patrick Cescau: "We have had a good start to 2007." Sales increased across the group's regions and product categories - especially the personal care sector - and there have been a number of product innovations.
Data sourced from Financial Times; additional content by WARC staff