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Unilever PLC said Thursday that first-quarter turnover rose ahead of market expectations, boosted by higher prices and improving volume trends, and upgraded its sales-growth target for the year.
The Anglo-Dutch multisector retailer–which owns consumer brands such as Ben & Jerry’s ice cream, Dove soap and Cif and Domestos cleaning products–said turnover in the period rose to 14.8 billion euros ($16.34 billion) from the EUR13.8 billion reported for the same period a year ago. This compares with a consensus forecast of EUR14.16…
