Unilever plc (UN, ULVR.L, UL) reported that its first-quarter underlying sales growth, excluding spreads, was 3.7% with an encouraging shift to volume-led growth compared to the prior year. Underlying sales growth was 3.4%. On GAAP basis, first-quarter turnover decreased 5.2% to 12.6 billion euros, which included an adverse currency impact of 9.8% and 1.5% from acquisitions net of disposals. Turnover excluding spreads were 11.9 billion euros, down 5.2%.
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