Unilever PLC

ULVR: XLON (GBR)

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Unilever Earnings: Strong Performance With Continued Volume-Led Growth

Diana Radu

Oct 24, 2024

Unilever's third-quarter results for 2024 reflected ongoing positive momentum with underlying sales growth of 4.5%, driven by a 3.6% increase in volume. This marks the fourth consecutive quarter of volume-led growth, reflecting broad-based improvements across categories. Beauty and well-being led the charge, growing 6.7%, largely due to 5.7% volume growth. Health and well-being and prestige beauty contributed double-digit growth, though prestige beauty was hit by softer US and Chinese markets. Personal care delivered 4.4% sales growth, propelled by solid volume increases from Dove, particularly in deodorants and skincare.

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Unilever PLC

Unilever Earnings: Strong Performance With Continued Volume-Led Growth

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