Unilever Reports Sales Up Nearly 12%

Unilever global sales were up by 11.9% to 12.1 billion euros in the first quarter, while the quarterly dividend rose by 8% to 24.3 euro cents. Some of the rise in sales comes from last year's purchase of Alberto Culver, maker of the VO5 line of hair-care products, but the underlying sales growth of 8.4% reflects the Anglo/Dutch company's strength in overseas markets. Unilever's shares were up by more than 4% in early trading.

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