Net profit was €758m in the quarter, down from €909m in the same period a year earlier, while sales rose 1.0% to €10.5bn. Profits were also hit by higher pension costs.
Paul Polman, CEO, said: “While conditions remain difficult in many markets, I’m encouraged by the return to volume growth across all regions and the majority of countries and categories. More of our brands are improving share again behind strong innovations, greater consumer value, increased marketing support and better execution. We continue to focus on restoring volume growth while protecting margins and cash flow for the year as a whole.”
Source: Unilever
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