Unilever reported a surprise pick up in quarterly sales growth on Thursday, boosting its argument that it can improve performance on its own after spurning a $143 billion takeover offer from Kraft Heinz in February. The maker of Knorr soups and Dove soap, which earlier this month announced a business revamp in response to the takeover interest, said improving economies and rising commodity costs helped it to lift prices in the first quarter. That offset a small dip in the volume of goods sold. Chief Financial Officer Graeme Pitkethly said there was always a delay between ...
Unilever sales rise on higher prices
Growth was led by emerging markets, while pricing added 3% and the dip in volumes took off 0.1%