Unilever's turnover in Q3 up 17.8% to €15.8B

Thursday, 27. October 2022 08:34

Unilever plc announced in its latest earnings report that turnover for the third quarter of 2022 stood at €15.8 billion, up by 17.8% compared with the same period a year earlier.

Underlying sales growth in the third trimester accelerated at 10.6%, while the quarterly dividend was unchanged at €0.4268 per share.

"We have delivered growth in each of our five Business Groups, led by a strong performance from our billion+ Euro brands, growing 14% in the quarter. Strong pricing allows us to continue to drive increased investment behind our brands," said CEO Alan Jope. However, "the global macroeconomic outlook remains mixed, and we expect the challenges of high inflation to persist in 2023."

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Baha Breaking News (BBN) / JG