Unilever beats forecasts

SHARES in Anglo-Dutch consumer group Unilever plc jumped yesterday after the group posted a better-than-expected 5 per cent rise…

SHARES in Anglo-Dutch consumer group Unilever plc jumped yesterday after the group posted a better-than-expected 5 per cent rise in third-quarter profits. The company announced that profits rose to £826 million sterling for the quarter, boosting the share price by 75p to £13.50 by the official close of the London market. The results beat analysts' forecasts which ranged from £760 million pounds to £820 million.