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Unilever (LSE: ULVR) 3Q19 Update: Sales Beat Estimates; FY19 Sales Guidance Unchanged

Executive Summary

  • Unilever reported 3Q19 revenue of €13.3 billion, slightly above the consensus of €13.2 billion and up 2.9% year over year.
  • All three segments — beauty and personal care, home care and food and refreshment — showed positive growth.
  • The company continues to expect FY19 sales growth to be at the lower end of the 3-5% growth range.

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