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
Auchan stores will also be open on December 24
Auchan keeps its customers’ needs in mind when it keeps…
Read more >Euronics continues to expand – with two new stores and more than 5,000 collection points
Euronics is heading into the holiday season with significant improvements…
Read more >Safe and convenient: the rise of mobile wallet payments in Hungary
Mobile payment is an increasingly popular solution, as it is…
Read more >