Unilever's underlying sales were up 4.5 percent in the third quarter, fueled by a range of mass and high-end beauty and wellbeing brands.
beauty and wellbeing brands outpaced the consumer giant’s overall growth in the fiscal third quarter, climbing 6.7 percent to 3.2 billion euros.‘s underlying sales rose 4.5 percent to 15.2 billion euros, bolstered mainly by volume growth and the continued strong performance of “power brands” such aslast year as CEO, said the company is still in the early stages of improving its performance as it focuses on “doing fewer things, better and with greater impact.
Schumacher added the company is on track to deliver its 2024 outlook, and is confident in “the steps we are taking will help to transform Unilever over time into a consistently higher performing business.” Unilever’s shares were up 4 percent to 48.40 pounds at 9:50 a.m. local time, following the trading update.
Unilever said its Beauty & Wellbeing division delivered double-digit growth for the fifteenth consecutive quarter despite the slower growth in Prestige beauty., have been impacted by the “continued slowdown” in the U.S. and China beauty markets. Unilever said there was “lower demand” for prestige products in the U.S., although mass brands such as Dove continue to hold up well.
As reported, Gasco-Buisson, a Unilever alumna, has more than two decades of experience working in beauty and prestige, including at Procter & Gamble.Victoria’s Secret Fashion Show: Returning Models And Every New VSFS Model in 2024Kaia Gerber Favors Playful Transparency in Ferragamo Fringe Cocktail…. We use vendors that may also process your information to help provide our services. // This site is protected by reCAPTCHA Enterprise and the Google.
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