Financials & Economic Updates

The growth reflects the success of strategic investments in high-demand and high-value dairy products.

Revenues also were lower in the period, slipping 5% to US$21.17 billion from US$22.25 billion.

The growth comes at a pivotal time, as Unilever prepares to spin off its ice cream division.

North America recorded strong momentum, with growth of almost 6%.

There was strong demand in China, especially for infant milk formula and medical nutrition products.