financetom
Business
financetom
/
Business
/
Unilever beats third-quarter underlying sales estimate
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Unilever beats third-quarter underlying sales estimate
Oct 31, 2024 2:08 AM

LONDON (Reuters) -Unilever achieved slightly better than expected underlying quarterly sales after winning back more shoppers with product innovations and slower price increases.

The consumer goods giant said on Thursday it was keeping its full-year outlook for 3-5% underlying sales growth and an underlying operating margin of at least 18%.

The maker of Dove soap and Hellmann's condiments reported a 4.5% rise in third-quarter underlying sales, beating analysts' average forecast of a 4.2% increase, according to a company-provided consensus.

Underlying price growth for the quarter was 0.9% while underlying volume sales growth was 3.5%. Analysts had expected a 1% increase in prices and a 3.2% rise in volumes.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved