Thursday, October 27, 2022

Unilever Q3 Underlying Sales Up 10.6%

Unilever (UN, ULVR.L, UL) reported that its underlying sales growth was 10.6% in the third quarter, led by further increases in pricing with only a limited impact on volume. Turnover increased 17.8% year-over-year to 15.8 billion euros. The billion+ Euro brands, accounting for more than 50% of Group turnover, grew 14%, led by strong performances from OMO, Hellmann's, Rexona, Magnum and Lux.

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