Unilever, one of the world’s largest consumer-products company said its after-tax profit for the first nine months fell 33% to €2.7 billion, while its turnover dropped 1% to €30.1 billion.
One of the growth drivers of the group’s sales volume through the three quarters has been Asia Africa region, where Unilever’s turnover increased to €11.2 billion, while Western European operations fed €9.21 billion into the group’s total turnover.
“We have seen further good progress across all regions and the majority of countries and categories. Our market shares are responding to stronger innovations, greater consumer value, increased marketing support and better execution. Market conditions remain challenging and in this environment we will continue to increase investment behind our brands and build long-term capabilities in research and development,” said Paul Polman (photo), CEO of Unilever.
The company has raised its advertising and promotion spend by 130 basis points, with a central focus on supporting innovations and build brands, the company said.
Unilever hasn’t disclosed any financial data on its operations in Romania through the first three quarters.
Unilever South Central Europe started its operations in Romania in 1995 and manufactures and administrates national and international brands in food, personal care and home care segments.
The company’s brand portfolio includes Rama, Becel and Delma margarines, Delicat and Knorr seasonings, personal care products such as Dove, and home care that includes Cif and Domestos.
Unilever South Central Europe employs 600 in Romania. The two manufacturing facilities on the industrial platform from Ploiesti are served by 370 workers.
Unilever South Central Europe is the regional company that oversees the marketing and sales operations from Romania, Bulgaria, Serbia, Montenegro, Albania,
