Unilever N.V.
Unilever N.V.: First Quarter Results 2006
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
——————————————————————————
First QUARTER RESULTS 2006
Unilever on-track to meet objectives for 2006.
FINANCIAL HIGHLIGHTS
(unaudited)
€ million First Quarter 2006
Current Current Constant
rates rates rates
Continuing operations:
Turnover 9 535 9% 2%
Operating profit 1 410 7% 0%
Pre-tax profit 1 310 10% 5%
Net profit from continuing operations 1 001 10% 5%
Net profit from total operations 1 059 8% 3%
NV (€) PLC (€ cents)
EPS from continuing operations 0.97 14.56 9% 4%
EPS from total operations 1.03 15.47 7% 2%
KEY FEATURES OF THE QUARTER
Turnover ahead by 8.6%, benefiting from 6.3% favourable currency movement.
Underlying sales up by 2.9%, mostly volume, with pricing contributing 0.5
percentage points.
Strong savings offset cost increases.
Operating margin at 14.8%, 0.2 percentage points lower, with increased
investment in advertising and promotions.
Earnings per share from continuing operations up by 9%.
GROUP CHIEF EXECUTIVE’S COMMENT
Our priorities for 2006 are to sustain top line growth and improve margins.
With the first quarter performance we are on track to achieve these
objectives and our aggregate market share remains broadly stable since the
start of last year.
The business environment has developed largely as expected. Overall world
consumer demand is robust, although Western Europe remains sluggish and we
have seen a recent renewed upsurge in some commodity prices.
We are investing behind our priorities and this is reflected in good
progress in the first quarter in Developing and Emerging markets, in
personal care and from Vitality innovations.
In Western Europe, we are maintaining market share and there are some
encouraging signs of improvement as work continues to return the business
to sustainable growth.
The move to One Unilever organisation around the world is progressing well
and increasingly contributing to faster decision making, better execution
and an impressive overall delivery of cost reductions.
As I look forward to the rest of the year, a strong innovation programme,
the actions we have been taking on pricing and the level of cost savings,
all give me confidence that we will meet our outlook.
Patrick Cescau, Group Chief Executive
4 May 2006
(c)DGAP 04.05.2006
—————————————————————————
language: English
emitter: Unilever N.V.
Weena 455
3013 AL Rotterdam Niederlande
phone: +31 (0)10 217 4000
fax: +31 (0)10 217 4798
email: joanne.mcdonald@unilever.com
WWW: www.unilever.com
ISIN: NL0000009348
WKN: 860028
indexes:
stockmarkets: Amtlicher Markt in Frankfurt (General Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
—————————————————————————
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden