Unilever notes decline in ice cream sales
Source: The DairyNews
Unilever reported third-quarter results, with underlying sales growth of 5.2% but turnover down 3.8% to 15.2 billion euros ($16 billion). This was reported by The DairyNews with reference to the material foodingredientsfirst.com.
Food sales rose 5.6%, driven by rising prices and innovation in Southeast Asia and Africa.
Unilever ice cream sales fell due to lower volumes and consumers choosing value formats.
Meanwhile, Unilever's forecast for 2023 remains unchanged: underlying sales growth will exceed 5%. The company also developed an action plan focused on faster growth, increased productivity and simplicity, and Fernando Fernandez was appointed as Unilever's new chief financial officer.
Unilever ice cream sales fell due to lower volumes and consumers choosing value formats.
Meanwhile, Unilever's forecast for 2023 remains unchanged: underlying sales growth will exceed 5%. The company also developed an action plan focused on faster growth, increased productivity and simplicity, and Fernando Fernandez was appointed as Unilever's new chief financial officer.
