Unilever Posts Strong Sales Growth For 1Q 2016

Unilever reported sales grew 4.7 percent in the first quarter of 2016, with emerging markets sales expanding 8.3 percent, compared with the same quarter in the previous year. Sales in terms of volume rose 2.6 percent, and in terms of pricing, 2.0 percent. According to the company, turnover dropped 2.0 percent to €12.5 billion during the quarter, with a negative currency impact of 7.1 percent. Also, the company announced its quarterly dividend was raised 6 percent to €0.3201 per share.