Financial News

Unilever Reports Underlying Sales Growth of 8.1% in First Half of 2022

Beauty & personal care grew 7.5%, driven by price and continued strong growth in Unilever’s vitamins, minerals and supplements business.

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By: Lianna Albrizio

Associate Editor

Underlying sales growth for Unilever in the first half of 2022 was 8.1% with 9.8% from price and 1.6% from volume, the company reported this week.    Growth was broad-based across all divisions. Price has sequentially stepped up over the past two quarters, reaching 11.2% in the second quarter, which had, as expected, some negative impact on volume. This was more pronounced in Home Care, which was particularly exposed to rising input costs and took the highest pricing action, leading to u...

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