Unilever: solid Q1; dividend raised by 12%.

(CercleFinance.com) - On Thursday, the Dutch specialist in personal care and cleaning products Unilever reported a "solid start" to the year and raised its dividend, due to its optimism for 2017.


Group sales rose by 6.1% to 13.3 billion euros in Q1, with underlying sales growth reaching 2.9%.

“The actions we are taking keep us on track for another year of underlying sales growth ahead of our markets, in the 3-5% range,” the group said in a statement. “We also expect an improvement in underlying operating margin this year of at least 80 basis points and strong cash flow.”


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