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Unilever results get a lift from new markets.

Byline: Business with HENRYK ZIENTEK email: phone: henr 01484 437766

UNILEVER defied "sluggish" European trading as it delivered results ahead of City expectations.

Shares in the London-listed consumer goods firm rose by 3% after its 2012 figures showed a pick-up in growth towards the end of the year - helped by strong demand for its products in emerging markets.

Sales volumes were 4.8% higher in the fourth quarter, leading to growth of 3.4% for the year as a whole. European volumes were up by 0.7%, alongside a small reduction in underlying prices.

It said: "European performance was sluggish, reflecting the fragile state of consumer confidence and intensely competitive markets."

However, Unilever, which counts Flora, Hellman's and Sunsilk among its brands, said the UK and France performed well as the firm responded to the needs of consumers by reducing prices.
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Title Annotation:Business
Publication:Huddersfield Daily Examiner (Huddersfield, England)
Date:Jan 24, 2013
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