Unilever net profit up 13%
The company continues to shine in emerging markets
Anglo-Dutch cosmetics giant Unilever has delivered underlying sales growth of 5.0% in the first half of 2013, with emerging markets up 10.3%. The company’s turnover also grew 0.4% to €25.5bn while net profit climbed 13% to €2.7bn.
Commenting on the results, CEO Paul Polman said: “This set of results clearly demonstrates that the transformation of Unilever to a sustainable growth company is fully on track. The strong Home Care and Personal Care performance is particularly pleasing given increased competitive pressure.”
He added: “Innovation remains the key driver of growth with examples such as compressed deodorants, [and] Vaseline Spray & Go. And there is more to come: our innovation pipeline is robust which will be vital as we navigate the slowdown in many parts of the world.”