Unilever plc Boosts Market Share and Profitability

Consumer products giant Unilever (NYSE: UL) this week announced earnings results that, despite flat sales in terms of volume, included strong revenue growth and expanding profitability thanks to higher prices. The owner of brands including Lipton, Dove, and Knorr confirmed its full-year revenue outlook and hiked its profit margin prediction, too.

More on that forecast in a moment. First let's look at Unilever's latest operating metrics.

The company posted a strong quarter overall, with market share expanding on healthy organic sales growth. Key financial metrics, including cash flow and operating margin, improved as well thanks to solid execution around its transformation initiatives .

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Source: Fool.com