THE HAGUE, April 23 — Anglo-Dutch consumer giant Unilever reported today a slight rise in first quarter sales and said the coronavirus has caused hygiene product sales to rocket while those of ice cream melted. The firm, which produces Magnum ice cream, Domestos household cleaner and Lipton tea...
Unilever, based in London and Rotterdam, said skin-cleansing products sales were steadily growing, as health authorities stressed the importance of washing hands. ― Reuters pic
The global crisis caused “upswings in sales of hygiene and in-home food products, combined with some household stocking, and near cessation of out of home consumption which is particularly affecting our food service and ice cream business,” he said. But as travel restrictions and lockdowns put a sharp brake on leisure and tourism activities, Unilever saw sales plummet elsewhere, particularly of Magnum products.
“We are keeping our factories running through the many unpredictable challenges in local operating environments,” Jope said.
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