Consumer
Unilever Sales Growth Accelerates Under CEO’s Overhaul Plan
- CEO Hein Schumacher’s turnaround aims to improve productivity
- Consumer goods company plans to separate ice cream unit
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Unilever Plc’s sales growth is accelerating as Chief Executive Officer Hein Schumacher’s turnaround of the maker of Hellmann’s mayonnaise gathers pace.
Revenue increased 4.5% in the third quarter, beating the 4.3% expected by analysts, the maker of soap and stock cubes said Thursday. Consumers are buying more of its brands again with volumes up for the fourth consecutive quarter, it added.