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).
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.