Unilever Sales Growth Picks Up Amid Modest Price Increases

Oct 18 2018, 6:18 AMOct 18 2018, 8:36 AMOctober 18 2018, 6:18 AMOctober 18 2018, 8:36 AM

(Bloomberg) -- Unilever’s sales growth accelerated in the third quarter, providing some relief to investors concerned about the company’s strategy and performance after it botched a plan to simplify its legal structure.

The 4.5 percent growth in underlying sales was slightly above analysts’ consensus forecast for growth of 4.3 percent, as the maker of Ben & Jerry’s ice cream and Dove soap managed to eke out price increases. Excluding results from Argentina, which has been afflicted by hyperinflation, growth was 3.8 percent.

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