Unilever shares lift

UNILEVER shares were given a lift yesterday after the consumer products giant reported better-than-expected sales growth in its third quarter.

The Knorr-to-Dove soap firm said price rises in the wake of “unprecedented” cost pressures drove the 8.3% increase, although it added volumes were also holding up well after a 0.6% gain in the three months to September 30.

Sales in the UK, Netherlands and Italy have grown “solidly”, Unilever said, while revenues were lower in France and slowed in Germany.

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