News Pricer.lt

Unilever continues to sell more Dove and Magnum

Unilever continues to sell more Dove and Magnum

While many A-brands are struggling, Unilever has been selling more for four quarters in a row. In fact, sales growth is mainly due to volume increases and hardly to higher prices.

Prices remain stable

Sales at Unilever rose more strongly than expected in third quarter: the FMCG producer grew 4.5% to 15.2 billion euros in underlying sales, more than the 4.2% analysts were expecting. As much as 3.6% came from additional product sales, only 0.9% from higher prices.

CEO Hein Schumacher stressed that it was already the fourth quarter in a row with volume growth in all divisions of the company. Dove, Liquid I.V., Comfort and Magnum performed particularly strongly. Nevertheless, Unilever still plans to split off its ice cream division, a project the CEO says is on track.

For the full year, Unilever expects underlying sales growth between 3% and 5%. Operating margin would be at least 18%, the company previously predicted. Recently, the group announced it would sell its Russian operations after all, to packaging company Arnest, which also bought Heineken’s Russian branch.

News source

Dalintis:
0 0 balsai
Straipsnio vertinimas
guest
0 Komentarai
Seniausi
Naujausi Daugiausiai įvertinti
Inline Feedbacks
Rodyti visus komentarus

Taip pat skaitykite: