MICC reported first-quarter revenue of €1.8bn, reflecting underlying sales growth of 4.5%. This was driven by volume and price growth of 2.9% and 1.6% respectively.
Sales across all regions were in growth territory, with Africa, Middle East & Asia (AMEA) growing at the fastest pace, up 7.9%.
Full-year guidance was reiterated, with underlying sales expected to grow by 3-5%. Underlying cash profit margins are also expected to improve by 0.4-0.6 percentage points.
The shares rose 11.1% in midday trading.
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