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By Adriano Marchese
Unilever PLC (ULVR.LN) said Thursday that in the third quarter underlying sales growth grew 2.9%, benefiting from higher volume and price.
The Anglo-Dutch company, whose brands include Dove soap and Magnum ice cream, said turnover was 13.3 billion euros ($14.7 billion) in the third quarter compared with EUR12.5 million the same period in the prior year.
Its beauty and personal-care, as well as its home-care segment rose 7% and 7.7% respectively, while its food-and-refreshment segment grew 3.5% in the quarter.
The board has declared a quarterly dividend of 35.76 pence.
"For the full year, we continue to expect underlying sales growth to be in the lower half of our multi-year 3-5% range, an improvement in underlying operating margin that keeps us on track for the 2020 target and another year of strong free cash flow," Chief Executive Alan Jope said.
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(END) Dow Jones Newswires
October 17, 2019 02:34 ET (06:34 GMT)
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