Unilever sales beat forecasts

City A.M. Reporter
UNILEVER’S quarterly sales growth beat forecasts as demand for cleaning and personal care products in China helped the consumer goods group outshine larger rival Nestle.

The maker of Dove soap and Cif cleaners shrugged off the worries about slowing growth in China, reporting a growth of 5.9 per cent in the third quarter, ahead of a consensus of five per cent and a second-quarter rise of 5.8 per cent. Emerging markets, which make up 55 per cent of sales, increased by 12.1 per cent in the period.