LONDON – Ongoing inflation boosted first-half sales growth at Unilever, where turnover rose 2.7 percent year-on-year to 30.4 billion euros.
The parent of brands including Dove, Dermalogica and Hellmann’s said that underlying sales for the six-month period were up 9.1 percent, due chiefly to cost growth which is about to fall within the second half of the yr as cost inflation comes down.
Sales in Unilever’s Beauty and Wellbeing division rose 8.6 percent to six.2 billion euros within the six months to June 30, while Personal Care sales were up 7.3 percent to six.9 billion euros compared with the corresponding period last yr.
Unilever’s net profit for the half yr rose 20.7 percent to three.9 billion euros, bolstered partly by disposals.
Analysts said the...
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