Business

Third Quarter Trading Statement

Third Quarter Trading Statement.

articleUnilever PlcOctober 21, 20215/company/unilever-plc/news/third-quarter-trading-statement-6
Third Quarter Trading Statement

About this update from Unilever Plc

[{"type":"text","content":"\n \n \n \n RNS Number : 7381P\n Unilever PLC\n 21 October 2021\n  \n \n \n \n       \n \n \n UNILEVER TRADING STATEMENT THIRD QUARTER 2021\n \n \n  \n \n \n Performance highlights \n \n \n \n \n \n \n Underlying performance\n \n \n \n \n GAAP measures\n \n \n \n \n \n  \n \n \n  \n \n \n \n vs 2020\n \n \n \n  \n \n \n  \n \n \n \n vs 2020\n \n \n \n \n \n \n Third quarter\n \n \n \n  \n \n \n  \n \n \n  \n \n \n  \n \n \n  \n \n \n \n \n \n Underlying sales growth (USG)\n \n \n \n  \n \n \n \n 2.5%\n \n \n \n \n Turnover\n \n \n \n \n €13.5bn\n \n \n \n \n 4.0%\n \n \n \n \n \n \n Nine months\n \n \n \n  \n \n \n  \n \n \n  \n \n \n  \n \n \n  \n \n \n \n \n \n USG\n \n \n \n  \n \n \n \n 4.4%\n \n \n \n \n Turnover\n \n \n \n \n €39.3bn\n \n \n \n \n 1.7%\n \n \n \n \n \n \n Quarterly dividend payable in December 2021   0.4268 per share\n \n \n \n \n \n \n  \n \n \n Third quarter highlights \n \n \n · \n Underlying sales growth of 2.5%, with 4.1% price and (1.5)% volume\n \n \n · \n Turnover increased 4.0%, including 1.6% from acquisitions net of disposals and (0.1)% from currency \n \n \n · \n Quarterly shareholder dividend of €0.4268 per share, ongoing share buyback programme of €3 billion to be completed by the end of the year\n \n \n  \n \n \n \n \n \n \n Alan Jope: Chief Executive Officer statement\n \n \n \n \n \n \n  \n \n \n \"We have delivered a good quarter against strong comparators, with underlying sales growth of 2.5%. The combination of our strategic choices and focus on operational excellence continue to drive competitive growth. Underlying sales growth is now at 4.4% for the year to date and we are confident that we will be well within our multi-year framework of 3-5% for the full year.\n \n \n Our strategic choices are having a positive impact on our growth and business momentum\n \n \n · \n Priority markets: we have delivered good growth across our three priority markets of the US, China and India. South East Asia continues to be impacted by Covid-19, and was the main source of volume decline in the quarter\n \n \n · \n Channel: ecommerce grew 38% and is now 12% of our sales\n \n \n · \n Portfolio: our high-growth new businesses, Prestige Beauty and Functional Nutrition, each grew...

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