Unilever,Solid Q3 results and action plan to drive growth and unlock potential

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Algemeen advies 26/10/2023 10:00
Today, we announced our results for the third quarter of 2023

Underlying sales growth of 5.2% with 5.8% price growth and -0.6% volume decline
Underlying price growth continues to moderate as inflation eases, with underlying volumes now positive in Beauty & Wellbeing, Personal Care and Home Care
Turnover decreased -3.8% to €15.2 billion with -8.0% from currency and -0.6% from disposals net of acquisitions
Our billion+ Euro brands, accounting for 56% of Group turnover, delivered underlying sales growth of 7.2%, with 5.7% price growth and 1.4% volume growth, led by strong performances from Dove, Hellmann’s, Rexona and Sunsilk
Our 2023 outlook remains unchanged with underlying sales growth above 5% and a modest improvement in underlying operating margin
Today we set out an action plan focused on: faster growth, greater productivity and simplicity, powered by a stronger performance culture. These targeted actions will address the gap between our past performance and potential, delivering improved value creation

see & read more on
https://www.unilever.com/news/press-and-media/press-releases/2023/solid-q3-results-and-action-plan-to-drive-growth-and-unlock-potential/?utm_source=SignUp&utm_medium=Email&utm_campaign=PressSignUp



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