Ice Cream Comes Through for Unilever
Ice cream delivered strong growth for Anglo-Dutch consumer products conglomerate Unilever, with posi…Ice cream delivered strong growth for Anglo-Dutch consumer products conglomerate Unilever, with positive volume and price, the company said in an upbeat third quarter report.
Magnum growth accelerated as the brand was successfully launched in the Philippines and Malaysia and it continues to do well in the US and Indonesia. Magnum Infinity has been rolled out across Europe, Turkey, Mexico and Australia. Cornetto also had a good quarter, driven by growth in Asia, and Ben & Jerrys benefited from the Greek Frozen Yogurt launch in North America and Core Concoctions in Europe.
Overall results for the first nine months of 2012, as highlighted in Unilevers report:
Turnover increased by 11.1% to EUR 38.8 billion.
Underlying sales growth was 6.6%, with emerging markets up 11.7%.
Underlying volume growth was up three percent, with pricing up 3.5%.