Oct 26, 2023 / 07:30AM GMT
Hein. M. A. Schumacher - Unilever PLC - CEO & Director
Good morning, and welcome to Unilever's Third Quarter Trading Statement and CEO update. Today's agenda will run as follows. Firstly, Graeme will update you on our quarter 3 performance and the outlook. I will then share my action plan to lift Unilever's performance to achieve our full potential. We will leave plenty of time to take your questions at the end.
Before I hand over to Graeme, let me share a few key messages with you. The quarter reflected solid progress. Price growth moderated as expected and three of the business groups, Beauty and Well-being, Personal Care and Home Care delivered volume growth. Nutrition and Ice cream, however, continued to see volume declines and weaker overall performance. In part, this reflects the fact that these business groups are later in the commodity cost inflationary cycle and had to price in the first half of the year, but our performance in Nutrition and Ice cream needs to improve from here.
Overall growth remained above our 3% to 5% long-term range. It was driven by the biggest brands
Q3 2023 Unilever PLC Trading Statement Call Transcript
Oct 26, 2023
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