London, April 29, (dpa-AFX/GNA) – Unilever Plc reported first-quarter turnover of 12.3 billion euros, down 0.9 per cent from a year ago driven by a negative currency related impact of 8.0 per cent. Underlying sales growth was 5.7 per cent, with 4.7 per cent volume and 1.0 per cent price.
In 2021, the Group expects to deliver underlying sales growth within multi-year framework of 3-5 per cent, with the first half at around the top of this range. The Group expects underlying operating margin to increase slightly in the full year, following a decline in the first half. The Board has declared a quarterly interim dividend of 0.4268 euros per Unilever PLC ordinary share.
The Group will commence a share buyback programme of up to 3 billion euros in May, in one or more tranches, to be completed by the end of the year.
GNA