Unilever PLC: Q1-2023 Trading Statement

London / UK. (ul) British Unilever PLC announced its Q1-2023 Trading Statement. Strong start to the year and continued progress against strategic priorities characterize the results, the Group said in its statement. «Unilever has had a good start to the year, delivering another quarter of strong topline growth. Underlying sales growth accelerated to 10.5 percent, driven by price growth in response to continued high input cost inflation and an improved volume performance. We are continuing to execute well on our strategic priorities. Growth was broad-based across the five Business Groups, underpinned by strong performances from our billion+ Euro brands. We have stepped up both the effectiveness of our innovation and the investment behind our brands. We continue to shift our portfolio into higher growth spaces, with the delivery of another quarter of double-digit sales growth in Prestige Beauty and Health + Wellbeing, and the announced sale of Suave in North America. Our new operating model is driving focused resource allocation, and is unlocking a culture of bolder, faster decision-making and disciplined execution. We remain focused on navigating through continued macroeconomic uncertainty and are confident in our ability to deliver another year of strong growth, which remains our first priority.» For additional information please read the company’s PDF file below (79 KB):