By Matteo Castia


Unilever PLC said Thursday that third-quarter underlying sales rose thanks to growth in hand and home hygiene products, as well as in food consumed at home.

The Anglo-Dutch multisector retailer--which owns consumer brands such as Ben & Jerry's ice cream, Dove soap and Cif and Domestos cleaning products--said quarterly underlying sales rose 4.4% year-on-year, while turnover fell 2.4% to 12.9 billion euros ($15.3 billion).

Turnover had a positive contribution of 1.3% from acquisitions net of disposals but took a 7.7% hit from currency, Unilever said.

"In North America, market growth continued to be driven by elevated demand for foods consumed at home. European markets saw a mixed picture on growth and a challenging pricing environment. In China, growth improved slightly compared to the second quarter. After a strict lock-down earlier in the year," the company said.

Beauty and personal care remained the largest contributor to quarterly turnover, generating EUR5.3 billion.

The board declared a quarterly dividend of 41.04 European cents, or 37.46 pence (49.25 U.S. cents) compared with 35.76 pence the prior year.


Write to Matteo Castia at


(END) Dow Jones Newswires

October 22, 2020 02:35 ET (06:35 GMT)

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