Unilever sales slip despite profit gain
Strong progress despite complications
Despite a pre-tax 9% profit gain of €7.1bn, the Anglo-Dutch FMCG giant has seen sales fall by 30%, although much of the fall has been attributed to currency squalls.
Strip out these gusts and latest underlying Unilever sales climbed 4.3%. Hair care growth in the quarter saw “strong” performances from Dove, boosted by its Men+Care face range, TRESemmé, Sunsilk and Clear, while TRESemmé benefited from new Indian and Indonesian launches.
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