Unilever Plc – Full Year Results 2016

·    Underlying sales growth 3.7%, ahead of our markets, with price up 2.8% and volume up 0.9%

 

·    Sales increased by 4.3% at constant exchange rates while turnover, which is at current rates, declined 1.0%

 

·    Emerging markets underlying sales growth 6.5% with price up 5.4% and volume up 1.1%

 

·    Core operating margin at 15.3% up 50bps

 

·    Free cash flow of €4.8 billion, in line with the strong delivery of 2015

·    Constant core earnings per share up 7%, up 3% at current exchange rates

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