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Unilever reports rising revenue, profit
Last Updated: 2013-07-25 00:00 | Xinhua
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The turnover and profit of consumer goods giant Unilever rose in the past six months, the Anglo-Dutch company reported on Thursday.

Turnover rose by 0.4 percent to 25.5 billion euros (33.6 billion U.S. dollars) in the past six months, compared to the first half of 2012. Net income grew by 13 percent to 2.7 billion euros, compared to the same period last year.

In the second quarter, turnover was 13.3 billion euros, 0.6 percent more than a year earlier. Underlying sales growth in the second quarter of this year was 5 percent, the same figure as the first six months in total.

"Unilever delivered another quarter of solid growth led by emerging markets which continued to grow at 10.3 percent with a good balance between volume and price," the company stated. "Developed markets declined by 1.3 percent in the quarter, with both negative price and volume."

While the foods and refreshment sector showed negative figures with a turnover decline of 5.3 percent and 1.7 percent respectively, personal care grew by 3.9 percent in the first half of 2013 to 9.1 billion with brands such as Dove, Vaseline, Sunsilk, Rexona and Axe showing good figures.

Unilever CEO Paul Polman said, "We remain focused on achieving another year of profitable volume growth ahead of our markets, steady and sustainable core operating margin improvement and strong cash flow."

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