Earnings release
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Performance highlights UNILEVER TRADING STATEMENT THIRD QUARTER 2021 Underlying performance Third quarter Underlying sales growth ( USG ) Nine months USG Quarterly dividend payable in December 2021 Unilever ● ● vs 2020 2.5 % Turnover 4.4 % Turnover GAAP measures € 13.5bn € 0.4268 per share Alan Jope : Chief Executive Officer statement € 39.3bn Third quarter highlights Underlying sales growth of 2.5 % , with 4.1 % price and [ 1.5 ) % volume Turnover increased 4.0 % , including 1.6 % from acquisitions net of disposals and ( 0.1 ) % from currency Quarterly shareholder dividend of € 0.4268 per share , ongoing share buyback programme of € 3 billion to be completed by the end of the year vs 2020 4.0 % " We have delivered a good quarter against strong comparators , with underlying sales growth of 2.5 % . The combination of our strategic choices and focus on operational excellence continue to drive competitive growth . Underlying sales growth is now at 4.4 % for the year to date and we are confident that we will be well within our multi year framework of 3-5 % for the full year . 1.7 % Our strategic choices are having a positive impact on our growth and business momentum Priority markets : we have delivered good growth across our three priority markets of the US , China and India . South East Asia continues to be impacted by Covid - 19 , and was the main source of volume decline in the quarter Channel : ecommerce grew 38 % and is now 12 % of our sales Underlying sales growth ( USG ) , underlying volume growth ( UVG ) and underlying price growth ( UPG ) are non - GAAP measures ( see page 7 ) Portfolio : our high - growth new businesses , Prestige Beauty and Functional Nutrition , each grew double digit and we completed the acquisition of digitally - native skin care brand Paula's Choice Brands and innovation : our focus on impactful innovation has led to a step up on measured product superiority and average innovation project size Organisation and culture : our organisational agility has allowed us to take rapid pricing actions in response to unprecedented cost inflation Cost inflation remains at strongly elevated levels , and this will continue into next year . We have and will continue to respond across our categories and markets , taking appropriate pricing action and implementing a range of productivity measures to offset increased costs . We continue to expect that we will deliver in line with our margin guidance of around flat for the full year . " 21 October 2021