An open packet of Knorr seasoning with some ingredients bursting out of the pack. The camera rotates around a bowl of chicken, vegetables and rice.
Someone spraying Cif onto a cooker hob, holding a cloth in his other hand. A close-up of the hob, sections lifting away to reveal food and dirt underneath. A clean hob with the sections returning back in place as the man gives a final wipe across the top.
A lady holding a sachet of Liquid I.V. Hydration Multiplier. She tips the contents into a filled water bottle then drinks from the bottle.
Wall's ice cream freezer with animated arms moves across a pavement.
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5.2%underlying sales growthcompared to Q3 2022
5.8%price growthwith volume down -0.6%
-3.8%turnovercompared to Q3 2022
7.2%underlying sales growthdelivered by our €1bn brands
Q3 highlights
Underlying price growth continues to moderate as inflation eases, with underlying volumes now positive in Beauty & Wellbeing, Personal Care and Home Care
Turnover decreased -3.8% to €15.2 billion with -8.0% from currency and -0.6% from disposals net of acquisitions
Our € billion brands, accounting for 56% of Group turnover, delivered underlying sales growth of 7.2%, with 5.7% price growth and 1.4% volume growth
Our 2023 outlook remains unchanged with underlying sales growth above 5% and a modest improvement in underlying operating margin
Today we set out an action plan focused on: faster growth, greater productivity and simplicity, powered by a stronger performance culture. These targeted actions will address the gap between our past performance and potential, delivering improved value creation
Our Business Groups
Our brands operate in five Business Groups, each fully responsible and accountable for its strategy, growth, and profit delivery globally.
Beauty & Wellbeing
Consists of Hair Care, Skin Care, Prestige Beauty and Health & Wellbeing (including the vitamins, minerals and supplements business). Expand to view more.
In the 2022 financial year Beauty & Wellbeing had a combined turnover of €12.3 billion.
Geographical footprint – split by geographical area
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Geographical footprint – Emerging versus Developed Markets
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Geographical footprint - Top 5 countries
1. USA 2. Germany 3. China 4. UK 5. Italy
Underlying sales growth (USG)
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Underlying volume growth (UVG)
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Underlying price growth (UPG)
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"Today we are setting out our action plan. We will drive faster growth by stepping up innovation and investment behind our Power Brands; we will drive simplicity and productivity, leveraging the full strength of our operating model; and we will sharpen our performance culture through strong leadership and stretching goals."
compared to Q3 2022
compared to Q3 2022
