Unilever Reports 4.5% Sales Growth, Driven by Power Brands
The consumer goods giant's third-quarter performance exceeded expectations, with significant contributions from its leading brands.
- Unilever's underlying sales growth reached 4.5% in the third quarter, marking its largest quarterly rise in over three years.
- The company's Power Brands, including Dove and Magnum, were key drivers, accounting for 75% of total turnover.
- Unilever's ice cream division saw a standout performance, with a 9.8% increase in underlying sales driven by volume growth.
- The company is on track with its Growth Action Plan, focusing on fewer, bigger innovations and increased brand investment.
- Unilever's full-year outlook remains unchanged, anticipating sales growth between 3% and 5% and an operating margin of at least 18%.