Business
Unilever Raises Outlook After Quarterly Sales Volume Growth Hits 16-year High
Unilever ULVR 6.54%increase; up pointing triangle bumped up its outlook for the year after quarterly sales volume growth surged to more than a 16-year high.
The consumer-goods giant’s underlying sales growth accelerated to 5.8% in the second quarter—driven by a 5.5% increase in volumes and a 0.2% rise in pricing. It was well above company-compiled estimates, and growth of 3.1% in the same period a year prior.
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