Arab Today, arab today unilever profits soar on tea ice cream sales
Last Updated : GMT 16:02:07
Arab Today, arab today
Arab Today, arab today

Unilever profits soar on tea, ice cream sales

Arab Today, arab today

Arab Today, arab today Unilever profits soar on tea, ice cream sales

The Hague - AFP

Anglo-Dutch food and cosmetics giant Unilever said on Thursday its first-half profits shot up by 14.0 percent to 2.43 billion euros ($3.2 billion), buoyed by strong growth in food products such as tea and ice cream. The Rotterdam-based group reported a 0.4-percent climb in sales to 25.5 billion euros year-on-year, mainly on the back of growth in emerging markets such as China, Indonesia, Vietnam and Pakistan. But the group was cautious about the outlook. \"We are delivering more profitable innovations, improving (the) mix and continuing to apply a rigorous approach to supply chain costs and savings,\" Unilever chief executive Paul Polman said in a statement. Unilever is one of the world\'s leading suppliers of consumer goods and owns a variety of brands such as Lipton Yellow Label tea, Magnum ice cream, Knorr, Omo washing powder, Vaseline and Dove. The group said it has successfully re-launched a new \"better tasting\" brand of Lipton Yellow label tea which was showing strong growth in the Middle East and Turkey. \"Ice cream (sales) grew globally, despite poor weather in Europe and the United States, reflecting that we are no longer so dependent of the European summer,\" Unilever added. It continued to notch up successes in the sale of Knorr\'s jelly bouillons, which was extended to a meal-maker range in Russia and with \"baking bags doing particularly well in Latin America.\" Laundry detergents delivered double-digit growth with the launch of products such as Omo with \"wash boosters\" in Turkey and Vietnam. Despite posting a 10.3-percent growth in emerging market sales, Unilever warned that growth was slowing, \"as macro-economic headwinds influence consumer behaviour.\" \"Within this overall trend we see a mixed picture across the major countries reflecting different local circumstances. Developed markets remain sluggish with little sign of any recovery in North America or Europe,\" it added. Group chief executive Polman said: \"There is no room for complacency.\" \"We are well aware that past success is no guarantee of future success.\" Unilever employs about 167,000 people in 100 countries.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today unilever profits soar on tea ice cream sales Arab Today, arab today unilever profits soar on tea ice cream sales

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today unilever profits soar on tea ice cream sales Arab Today, arab today unilever profits soar on tea ice cream sales

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Girl barred from Malaysia chess competition

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday