6 710
Fashion Jobs
Ads
By
AFP
Published
Apr 26, 2012
Download
Download the article
Print
Text size

Emerging markets lift Unilever sales

By
AFP
Published
Apr 26, 2012

THE HAGUE - The Dutch food and cosmetics giant Unilever said Thursday that its first quarter sales soared 11.9 percent to 12.14 billion euros ($16 billion), lifted mostly by emerging market demand.

"Emerging markets, now 56 percent of the business, have again delivered strong growth," said chief executive Paul Polman in a statement.

Sales in those markets grew by 11.9 percent, while developed ones posted an expansion of 4.2 percent.

Polman warned that the "external macro-economic environment remains difficult and higher input cost headwinds persist," but the group said it was maintaining its targets of an improved profit margin for 2012.

Copyright © 2024 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.