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Stronger euro affects Unilever

CONSUMER goods giant Unilever, which owns brands such as Flora and Magnum ice cream, has been impacted by the stronger euro and slower emerging markets.

The Anglo-Dutch group's revenues were 6.3% lower at 11.4 billion euros (£9.4 billion) in the first three months of the year, although it said underlying growth remained healthy.

When stripping out the impact of currency movements, underlying sales were 3.6% higher, with volumes up 1.9% and prices 1.6% stronger.

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