By Matteo Castia

Unilever PLC reported Thursday a rise in first-quarter turnover, benefiting from a strong U.S. market, and said it is withdrawing its guidance for the full year over uncertainty associated with the coronavirus pandemic.

The Anglo-Dutch multi-sector retailer--which owns consumer brands such as Ben & Jerry's ice cream and Dove soap--made a quarterly turnover of 12.42 billion euros ($13.47 billion), with an underlying sales volume growth of 0.2%, stripping out acquisitions, disposals and currency movements. This compares with a turnover of EUR12.40 billion a year earlier.

Beauty and Personal Care remained the largest among Unilever's sectors, with a turnover of EUR5.30 billion and an underlying sales growth of 0.3% on the year.

The board declared a quarterly dividend of 41.04 euro cents, flat on the previous year.

Write to Matteo Castia at matteo.castia@dowjones.com

(END) Dow Jones Newswires

April 23, 2020 02:31 ET (06:31 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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