Consumer goods giant, Unilever, has reported a rise in full-yearprofits for 2013.
The Anglo-Dutch company, which produces well known consumer products like Lipton tea, Ben & Jerry's ice cream and Dove soap, reported profits of €7.1bn, a 9% rise compared to 2012.
Unilever said that emerging markets are behind the rise in profits. Sales in emerging markets, accounts for 57% of its business, grew by 8.4%.
Sales in Europe were flat but Unilever's UK sales grew for the 25th consecutive quarter.
Despite the positive news, Unilever's sales actually dropped 3% to €49.8bn due to unfavourable exchange rates. When exchange rates were excluded, the company said sales were up 4.3%.
As a result of the rise in profits, Unilever's share prices rose by 4% in early trading on the London Stock Exchange today (Tuesday).
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