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Unilever Posts 'Profitable Growth' In 2017 Half-Year Results

Unilever has recently announced its results for the first half of 2017, which shows 'profitable growth' ahead of its markets.

Paul Polman, CEO, Unilever said, “Our first-half results show continued growth well ahead of our markets and a substantial step-up in profitability despite the persisting volatile global trading environment."

Polman said that this was driven by its Connected 4 Growth (C4G) change programme which started in the autumn of 2016, is delivering ahead of plan.

"The transformation of Unilever into a more resilient, more competitive and more profitable business is accelerating. He said. "C4G is making our business even more agile, less complex and increasingly responsive to fast-changing consumer trends."

The Anglo-Dutch conglomerate whose products range from Magnum Ice-cream to Dove soap said that excluding spreads, its underlying sales grew 3.4% with volume up 0.3%.

Its turnover increased 5.5%, including a positive currency impact of 1.7%.

© 2017 - Checkout Magazine by Donna Ahern

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