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.

5 months ago
28 Articles