Unilever sees underlying sales growth

Unilever, the giant consumer goods firm behind brands as diverse as TreSemme, PG Tips and Brylcream, has seen turnover hit €12.1bn in the three months to September.

On these figures underlying sales growth was 7.8%.

Personal Care was at €4.1bn (+.3%), Home Care hit €2.1bn (+9.2%), Savoury, Dressings & Spreads rose to €3.5bn (+6.2%) and Ice Cream & Beverages was at €2.4bn for the quarter (+4%).

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Paul Polman, the chief executive of Unilever, said of the results:

"Growth was strong across all categories and helped by technology-based innovation, now routinely rolled out quickly to multiple markets. ...The integration of Sara Lee and Alberto Culver has progressed well and we are beginning to leverage some of these brands into new markets... In addition, the recently announced acquisition of Concern Kalina, the leading local Personal Care company in Russia, will significantly strengthen our business in this important market."

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.