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Unilever announced a 3 billion euro ($3.6 billion) share buyback and said it was confident of hitting sales targets this year, after demand from home cooks and China helped it to beat first-quarter sales expectations. Shares in the maker of Dove soap and Ben and Jerry s ice cream climbed as much as 4% on Thursday, after it joined rivals such as Nestle and Procter & Gamble in reporting strong sales of food and cleaning products respectively in the pandemic. Underlying sales jumped 5.7% in the three months to the end of March, topping analysts average forecast of 3.9%, according to a company supplied consensus. These are encouraging numbers, said Steve Clayton, portfolio manager of Hargreaves Lansdown s Select UK Shares funds. Unilever gains much of its strength through the group s diversity.

United statesAlan jopeMark potterSiddharth cavaleSteve claytonProcter gambleHargreaves lansdownSelect united kingdom sharesExecutive alan jopeNorth americaFast moving consumer goodsFmcg latest newsFmcg latest updatesஒன்றுபட்டது மாநிலங்களில்குறி பாடர்சித்தார்த் கேவல்