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Why Personal Products Major Unilever Shares Are Rising Today

Unilever PLC (NYSE:UL) shares are trading higher following first-quarter FY24 earnings. Turnover rose 1.4% Y/Y to 15.0 billion euros, with -2.0% impact from currency and -0.9% from net disposals. Underlying sales grew 4.4%, with volume growth of 2.2% and price growth of 2.2% Y/Y. Power Brands continued to perform strongly, with 6.1% Y/Y underlying sales growth, led by volume growth of 3.8% Y/Y. Beauty & Wellbeing underlying sales rose 7.4% Y/Y, ...