Unilever Posts Strong Sales Growth In 3Q 2016

Unilever reported sales grew 3.2 percent in the third quarter of 2016, compared with the same period in 2015. At constant exchange rates, sales increased 3.4 percent. For the first nine months of the year, sales grew 4.2 percent, with price up 2.8 percent and volume up 1.3 percent. Sales in emerging markets grew 7.2 percent, with price up 5.5 percent and volume up 1.6 percent. At constant exchange rates, sales rose 4.7 percent, while turnover, at current rates, dropped 1.8 percent.