1 month ago

Unilever reports strongest sales growth in a decade

Unilever reports strongest sales growth in a decade
Unilever's biggest sales milestone in 10 years comes ahead of major shake-up · easterneye.biz

Unilever, a big company that makes products like Dove soap and Marmite, just had its best sales growth in over 10 years.

This is because more people are buying their products, not just because prices went up.

The company is also making a big deal worth £33.8 billion to combine its food business with another company called McCormick.

Some people who own shares in Unilever are worried about this deal, but the company thinks it's a good idea.

The company's beauty and personal care products are doing really well, but their food products aren't growing as fast.

Overall, Unilever is feeling more confident about the future.

Key facts

Company
Unilever
CEO
Fernando Fernandez
Quarterly Sales Growth
5.8%
Volume Growth
5.5%
Full-Year Sales Outlook
4% to 6%
Deal Value
£33.8 billion
Deal Partner
McCormick

Quotes

Fernando Fernandez

Chief Executive Officer of Unilever

“The company had delivered its best volume quarter in more than a decade, reflecting our ability to grow while reshaping our portfolio.”
easterneye.biz

Sources

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