Ice cream sales help Unilever to heat up
By Rob Freeman | 29th April 2021
Unilever said it expects sales growth to continue this year after reporting a rise over the first three months.
The company, which has a factory in Gloucester and owns brands including Magnum ice creams, Marmite and Domestos, said sales increased by 5.7 per cent compared with the same period last year - before the start of the pandemic.
Despite the rise, overall turnover dipped by 0.9 per cent.
Chief executive officer Alan Jope said: "Unilever has made a good start to the year.
"We are confident we will deliver underlying sales growth in 2021 of 3-5 per cent with the first half around the top of this range.
"We expect to increase underlying operating margin slightly for the full year, though with a decline in the first half driven by Covid-19 impacts, higher cost inflation and increased marketing spend over the prior year."
Increased sales of ice cream and tea helped food and refreshment sales grow by 9.8 per cent while home care, helped by demand for surface cleaners, rose by 5.9 per cent.
Beauty and person care sales grew by 2.3 per cent.
Copyright 2021 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.