Reported 2 days ago
Unilever reported a 3% rise in underlying sales for the first quarter, surpassing analyst forecasts, thanks to price hikes and robust demand for its premium products like Dove and Vaseline. CEO Fernando Fernandez assured limited impact from U.S. tariffs, which has become a concern for many consumer goods companies. The update, following a leadership change, reflects Unilever’s confidence in navigating economic uncertainties while planning to separate its ice cream division by mid-2025.
Source: YAHOO