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Posted AT 7:19 AM EDT on 08/05/08

Unilever tops forecasts, says sales look strong this year

Reuters

LONDON — Unilever, the maker of Dove soap, Sunsilk shampoo and Knorr soups, beat forecasts with a 7.2 per cent rise in first-quarter underlying sales and said annual sales will top its target, sending its shares higher. The world's third-largest consumer goods group, Unilever Plc/NV on Thursday also beat quarterly earnings forecasts, boosted by profits from disposals, as it raised prices to offset the rise in raw material costs.

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