Better than expected third quarter for Unilever
Unilever’s third-quarter net profit decreased by 36 percent to 1.05 billion euros and 36 cents per share on an annual basis, – analysts expected only a 997 million profit – reports Bloomberg.
The better-than-expected profit was contributed by the lower prices, which increased the demand.
The one-time costs were 43 cents per share, the company's price income dropped by 2 percent on an annual basis, reaching a total of 10.2 billion euros.
The volume of goods sold in Western Europe increased by 2.6 percent, while prices fell by 2.3 percent – analysts expected 1.8 percent increase in volume – reports napi.hu.
Related news
Related news
Mondelez has inaugurated its largest solar park in Central and Eastern Europe in Székesfehérvár
Mondelez International officially handed over its new solar park on…
Read more >PENNY Hungary opened its 240th store in Mezőkövesd
The 240th store of PENNY Hungary opened its doors in…
Read more >Tons of help: donation of sanitary paper products to the most vulnerable
Vajda-Papír is providing thousands of needy children, institutions of the…
Read more >