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Sales Up At Unilever During First Six Months Of 2016

July 21, 2016: 12:00 AM EST
Unilever posted first half sales growth of 4.7 percent with sales volume up 2.2 percent. Sales were up 5.4 percent at constant exchange rates, but down 2.6 percent at current exchange rates. Sales grew eight percent in emerging markets, while sales volume up 2.9 percent. CEO Paul Polman said the sales figures reflected ”consistent, competitive, profitable and responsible growth” in a tough global environment. The company said consumer demand is still weak, sales volumes continue to lag, and market volume growth is negative in Europe and in North America. Growth in personal care and foods improved growth and maintained ”strong profitability.” Profit margins in home care and refreshment improved.
"Consistent, competitive and profitable growth in challenging markets", Earnings release, Unilever, July 21, 2016, © Unilever
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