4.5% Q3 sales increase for Unilever's ice cream division, defying planned separation and amid challenges.
Unilever's ice cream division, featuring brands like Ben & Jerry's and Magnum, has driven a 4.5% sales increase in the third quarter, reflecting strong performance despite plans to separate this segment by next year. The ice cream business saw a 10% year-on-year growth, contributing significantly to Unilever's overall success amid challenges in the Chinese market and inflation. CEO Hein Schumacher's turnaround plan includes cost cuts and job reductions to improve efficiency.
October 24, 2024
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