Unilever’s Q4 turnover up 8.6% to €12.6bn on stronger price

23 January 2013 07:45  [Source: ICIS news]

SINGAPORE (ICIS)--Unilever’s fourth-quarter turnover rose by 8.6% year on year to €12.6bn ($16.8bn) partly buoyed by stronger price and volume growth, the Anglo-Dutch consumer goods company said on Wednesday.

The company’s underlying sales growth in the fourth quarter was at 7.8%, with volume growth of 4.8% and price growth of 2.9%, Unilever said.

“We have reported another quarter of good quality, profitable growth ahead of our markets. All categories and all geographies grew with a good overall balance between volume and price,” CEO Paul Polman said in the statement.

Unilever’s trading statement did not include detailed profit and loss figures for the fourth quarter.

For the full year of 2012, the company’s net profit rose by 7% year on year to €4.9bn, while its turnover was up 10.5% at €51.3bn.

($1 = €0.75)

By: Nurluqman Suratman

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