Unilever's first-half net profit rises 9%, sales up 4.1%

04 August 2011 07:57  [Source: ICIS news]

SINGAPORE (ICIS)--Unilever’s first-half net profit increased by 9% year on year to €2.41bn ($3.44bn) on the back of a 4.1% increase in sales, the Anglo-Dutch consumer goods company said on Thursday.

The company’s sales in the January-June period totalled €22.8bn, while its second-quarter revenue reached €11.9bn, the company said in a statement.

“Market conditions remain sluggish in the developed economies but emerging markets continue to deliver strong growth,” Unilever said in the statement.

“Our growth accelerated in the second quarter as we successfully balanced volume growth with taking price increases,” it said.

($1 = €0.70)

By: Pearl Bantillo
+65 6780 4359

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