Unilever Sales Growth report february 2 2012

Unilever Sales Growth report february 2 2012 : Consumer goods giant Unilever warned of a difficult 2012 on Thursday due to a tough economic outlook after broadly matching 2011 sales forecasts after it hiked prices and saw strong emerging market growth.

Household products manufacturer Unilever said the the full-year underlying sales growth was ahead of its markets at 6.5%, with price up 4.8% and volume growth 1.6%. Emerging markets delivered 11.5% underlying sales growth.


Turnover was up 5% at €46.5bn despite a negative currency impact of (2.5)%. Acquisitions and disposals delivered a positive contribution of 1.2%.

Advertising and promotions spend was €6.2bn, up €150m including acquisitions.

Underlying operating margin down by 10bps with a reduction in overheads offsetting much of the pressure on gross margins from higher commodity costs.

Core earnings per share were up 4% at €1.41 and free cash flow was €3.1 billion.

In thre fourth quarter, underlying sales growth was 6.6% with 6.5% price growth and volume growth of 0.1%. Volume growth was approximately 1% adjusting for the impact of sales brought forward to quarter 3 prior to a successful SAP upgrade in North America. READ 2011 FULL YEAR AND FOURTH QUARTER RESULTS For the latest updates PRESS CTR + D or visit Stock Market news Today

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