Company Earnings Update 5 minutesRegister for Free AccessUnilever (LSE: ULVR) FY16 Results: Top and Bottom Line Beat Estimates, But Tough Start to FY17 Coresight Research January 27, 2017 Executive Summary Unilever reported FY16 sales of €52,713 million, ahead of consensus of €52,373 million, but down 1.0% from FY15. At constant exchange rates, sales increased by 4.3%. Gross margin increased by 50 basis points and the operating profit grew by 3.8% (up 5.8% at constant rates) to €7,801 million. Underlying sales growth was 3.7%, but volume growth was mostly flat in aggregate, the company noted, impacted by devaluation-led cost increases in several regions. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Decode the Future of How We Shop, Eat and Play at NextGen Commerce, a Coresight Research Conference—Event PreviewShoptalk Europe 2023 Day Two: Exploring the Roles of Web3 in the Supply Chain and “Wow” Moments in Physical RetailData Dive: The Global Obesity Economy—Shaped by the Spending of 1 Billion ConsumersUS Store Tracker Extra, January 2023: US Retailers To Open 27 Million Square Feet of New Retail Space