fromThe Business of Fashion
4 days agoUnilever Sales Lifted by Dove Soap, India Beauty Demand
Unilever Plc posted better-than-expected sales at the end of last year, boosted by premium beauty and home care products in key emerging markets including India and China. The maker of Dove soap said Thursday underlying fourth-quarter sales rose 4.2 percent, above the 4 percent analysts anticipated. It also announced a €1.5 billion ($1.8 billion) share buyback starting in the second quarter. The results are the first after Unilever spun off its ice-cream business - which included Ben & Jerry's - and come as Chief Executive Officer Fernando Fernandez nears his first full year at the helm.
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