{"id":221892,"date":"2023-04-27T09:34:48","date_gmt":"2023-04-27T08:34:48","guid":{"rendered":"https:\/\/theindustry.beauty\/?p=221892"},"modified":"2023-04-27T17:35:20","modified_gmt":"2023-04-27T16:35:20","slug":"unilever-sees-q1-sales-rise-as-it-remains-confident-for-year-ahead","status":"publish","type":"post","link":"https:\/\/theindustry.beauty\/unilever-sees-q1-sales-rise-as-it-remains-confident-for-year-ahead\/","title":{"rendered":"Unilever sees Q1 sales rise as it remains confident for year ahead"},"content":{"rendered":"

Unilever<\/a><\/span> has reported a 10.5% increase in underlying sales growth for the first quarter, driven by price growth in response to continued high input cost inflation and an improved volume performance.<\/strong><\/p>\n

<\/p>\n

Unilever, who owns Dove, Simple, and Vaseline, saw turnover rise 7.0% to \u00a313.1 billion (\u20ac14.8 billion), with its \u20ac1 billion+ brands accounting for 54% of total group turnover.<\/p>\n

The beauty and wellbeing division shared a 9.3% increase in sales, driven by growth from Hair Care across all regions. Prestige Beauty and Health & Wellbeing delivered another quarter of double-digit growth, helped by Paula\u2019s Choice and Hourglass.<\/p>\n

Personal care sales were up 12.7%, boosted by high double-digit growth from deodorants and high single-digit growth from skin cleansing. Oral care achieved mid single-digit growth, which was led by strong pricing.<\/p>\n

Looking ahead, Unilever now expects underlying sales growth for FY23 to be at the upper end of 3-5%, with an improved volume performance compared to 2022.<\/p>\n

Alan Jope, CEO of Unilever<\/a>, said: \"Unilever has had a good start to the year, delivering another quarter of strong topline growth. We are continuing to execute well on our strategic priorities.<\/p>\n

\"We have stepped up both the effectiveness of our innovation and the investment behind our brands. Our new operating model is driving focused resource allocation, and is unlocking a culture of bolder, faster decision-making and disciplined execution.<\/p>\n

\"We remain focused on navigating through continued macroeconomic uncertainty and are confident in our ability to deliver another year of strong growth, which remains our first priority.\"<\/p>\n","protected":false},"excerpt":{"rendered":"

\u2026 ...<\/a><\/p>\n","protected":false},"author":100,"featured_media":179934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[10585,6,10494],"tags":[10148,11222,35,17048],"acf":[],"yoast_head":"\nUnilever sees Q1 sales rise as it remains confident for year ahead - TheIndustry.beauty<\/title>\n<meta name=\"description\" content=\"Unilever has reported a rise in Q1 sales, driven by price growth in response to continued high input cost inflation and improved volume performance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theindustry.beauty\/unilever-sees-q1-sales-rise-as-it-remains-confident-for-year-ahead\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unilever sees Q1 sales rise as it remains confident for year ahead - 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