Unilever reported a bigger-than-expected acceleration in fourth-quarter sales growth on Thursday helped by a step-up in emerging markets of which saw the consumer goods maker end its tumultuous year on a higher note.
The maker of Dove soap as well as also Ben & Jerry’s ice cream – which spent most of last year reviewing its business after rebuffing a $143 billion takeover bid in February – said underlying sales rose 4 percent. Analysts on average were expecting 3.7 percent, according to a company-supplied consensus.
of which marks an improvement via 3 percent inside first half as well as also 2.6 percent inside third quarter.
For the full year, underlying earnings per share were 2.24 euros, above analysts expectations for 2.21 euros per share.
Looking ahead, the company forecast underlying sales growth of 3 to 5 percent for 2018 as well as also an improvement in underlying operating margin as well as also cash flow of which will keep the item on track for its 2020 targets.