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Unilever Trading Statement Third Quarter 2015

/EINPresswire.com/ -- LONDON, UNITED KINGDOM and ROTTERDAM, THE NETHERLANDS -- (Marketwired) -- 10/15/15 -- Unilever (NYSE: UL) (NYSE: UN) (LSE: ULVR)

NYSE: UL
NYSE: UN

UNILEVER TRADING STATEMENT THIRD QUARTER 2015

INNOVATIONS DRIVING GROWTH AHEAD OF CHALLENGING MARKETS

Third quarter highlights


  • Turnover increased by 9.4% to EUR 13.4 billion including a positive currency impact of 2.9%
  • Underlying sales growth 5.7% with volume up 4.1% and price up 1.5%
  • Emerging markets underlying sales growth 8.4% with volume up 4.8% and price up 3.5%

Nine months highlights


  • Turnover increased by 11.1% to EUR 40.4 billion including a positive currency impact of 7.6%
  • Underlying sales growth 3.8% with volume up 2.1% and price up 1.6%
  • Emerging markets underlying sales growth 6.8% with volume up 2.9% and price up 3.8%

Paul Polman: Chief Executive Officer statement

"The strong delivery in the third quarter shows that our focus to build our company for the long term is paying off. Growth was however helped by some specific factors such as a soft comparator in China, strong ice cream sales and some advanced sales in Latin America.

Our model of competitive, profitable, consistent and responsible growth is built on sustained investment in our brands, infrastructure and people. The sharpened strategies across the four categories are gaining traction and a stronger innovation pipeline is increasingly driving growth. As the results show, the scale and breadth of our portfolio brings resilience in challenging economic conditions.

We continue to see soft global markets with no immediate sign of getting help from an improving global economy.
We are responding fast to accelerating change and high volatility with a focus on continuous cost management while increasing our organisational agility. We will continue to invest steadily behind our brands, innovations and go-to-market capabilities. These actions keep us on track for another year of volume growth ahead of our markets and we now expect underlying sales growth for the year towards the upper end of the 2-4% range. We continue to expect steady improvement in core operating margin and strong cash flow."

15 October 2015

ENQUIRIES

  Media:                                  Investors: Investor Relations Team
  UK   +44 7917 271                       +44 20 7822 6830
     819             treeva.fenwick@unil                     investor.relati
                     ever.com                                ons@unilever.co
                                                             m
  or   +44 20 7822
     6404            helen.dodd@unilever
                     .com
  or   +44 7825 049
     163             laura.misselbrook@u
                     nilever.com
  NL   +31 10 217
     4844            freek.bracke@unilev
                     er.com

There will be a web cast of the results presentation available at:
http://www.unilever.com/investor-relations/results-and-publications/quarterly-results/

The web cast can also be viewed from the Unilever Investor Relations app which you can download from:
http://itunes.apple.com/us/app/unilever-investor-centre-app/id483403509?mt=8&ign-mpt=uo%3D4

Click on, or paste the following link into your web browser, to view the associated PDF document.
http://www.rns-pdf.londonstockexchange.com/rns/3155C_1-2015-10-14.pdf

Contacts:
RNS
Customer Services
0044-207797-4400
rns@londonstockexchange.com
http://www.rns.com


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