Unilever on track for five-year growth targets

Related tags Anglo-dutch consumer products Euro

Anglo-Dutch consumer products giant Unilever reported on
Wednesday a boost in fourth-quarter sales...

Anglo-Dutch consumer products giant Unilever​ reported on Wednesday a boost in fourth-quarter sales as its key 400 brands drove a 16 per cent rise in underlying annual operating profit. The group said it was on track to meet its five-year "Path to Growth" targets. Fourth-quarter sales growth for the top 400 brands increased from 3.8 per cent to 4.9 per cent. The company declared a five per cent rise in the Plc annual dividend to 13.07p and a NV payout of 1.43 euros, up 13 per cent. Chairman Niall FitzGerald commented "Our Path to Growth programme is running ahead of itself. We set ourselves ambitious targets and we are meeting them."

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