Unilever (LON:ULVR) are up 2.2% this morning after delivering their second quarter results.
They reported a 12% increase in turnover, with underlying sales growth up 2.9%. Core earnings per share were also up 16%.
CEO Paul Polman commented:
” [These figures] demonstrate again the progress we have made in the transformation of Unilever to deliver consistent, competitive, profitable and responsible growth, now in the seventh year.
We plan for another year of volume growth ahead of our markets, steady improvement in core operating margin and strong cash flow.”
Strong sales were led by savoury foods, including soup in Europe and Hellman’s mayonnaise in South America, and personal care products including the Dove deodorant line.
