Unilever sales buoyant as consumers stock up on food in lockdown
China’s recovery from pandemic helps figures although spending on beauty and personal care ‘subdued’
Unilever’s underlying sales grew in the first three months of 2021 as locked-down consumers continued to keep their kitchen cupboards well stocked, and China’s economy began to “normalise”.
The owner of brands ranging from Ben & Jerry’s to Marmite reported on Thursday that sales increased by 5.7% in the first quarter compared to 2020 once the effects of currency moves and changes to its collection of brands were stripped out.
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