10:28 AM EDT, 04/25/2024 (MT Newswires) -- Unilever ( UL ) shares advanced 5% in recent trading Thursday after the company reported Q1 underlying sales growth of 4.4%, with volume growth increasing to 2.2%.

Turnover rose 1.4% to 15 billion euros ($16.1 billion) in Q1, the company said Thursday.

Unilever ( UL ) maintained its outlook for 2024 with 3% to 5% of underlying sales growth and a "modest improvement" in underlying operating margin.

Price: 50.46, Change: +2.39, Percent Change: +4.96