Unilever third-quarter sales return to growth


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© Reuters. FILE PHOTO: Unilever headquarters in Rotterdam

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LONDON (Reuters) – Unilever (L:) (AS:) reported a stronger-than-expected return to sales growth in the third quarter on Thursday.

Underlying sales rose 4.4 percent, for the Anglo-Dutch maker of Dove soap, Hellmann’s mayonnaise and Tresemme shampoo. Analysts on average were expecting an increase of 1.3 percent, according to a company-supplied consensus.

Sales in emerging markets rose 5.3 percent, while developed markets rose 3.1 percent.

Turnover was 12.9 billion euros, versus analysts’ estimate of 12.7 billion euros (11.5 billion pounds).

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