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Unilever reports better-than-expected sales

Reuters - UK Focus

LONDON, July 21 (Reuters) - Consumer goods giant Unilever (Amsterdam: UZ8.AS - news) reported higher-than-expected second-quarter sales growth on Thursday, helped by market share gains.

The Anglo-Dutch company said underlying sales rose 4.7 percent, excluding the impact of foreign exchange moves, acquisitions and disposals.

On that basis, analysts were expecting growth of 4.4 percent, according to a company-supplied consensus.

Unilever (NYSE: UL - news) sold 1.8 percent more products in the second quarter. The remaining sales boost came from higher prices for the goods sold. (Reporting by Martinne Geller; Editing by Mark Potter)