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Consumer products giant Unilever: 2015 sales rose 10 per cent

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AP The Hague
Last Updated : Jan 19 2016 | 7:23 PM IST
Consumer products giant Unilever, whose brands include Ben & Jerry's ice cream, Lipton and Dove, says sales in 2015 rose 10 per cent compared to the previous year, to 53.3 billion euros (USd 58 billion).
Net profit was to 5.3 billion euros, down 5 per cent from 2014 when profit was boosted by one-off items including the sale of Unilever's North American pasta sauce brands Ragu and Bertolli.
Chief Executive Officer Paul Polman says Tuesday's results show that Unilever has "again grown ahead of our markets," despite a tough year of "slower global economic growth, intensifying geopolitical instability, and high currency and commodity volatility."
Polman says Unilever expects "tougher market conditions and high volatility in 2016.

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First Published: Jan 19 2016 | 7:23 PM IST

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