LONDON: Unilever reported a weaker-than-expected 2.1 percent rise in third-quarter sales on Thursday as a slowdown in emerging markets continued to crimp performance.
Analysts on average were expecting the maker of Dove soap and Lipton tea to report third-quarter sales growth of 3.7 percent, according to a company-compiled consensus.
Sales volume, measuring the amount of products sold, rose only 0.3 percent, while analysts expected growth of 1.8 percent.
"Macro-economic conditions continued to put pressure on consumers," said Unilever Chief Executive Paul Polman in a statement.
Still, he said the company was confident it will achieve "another year of profitable volume growth ahead of our markets, steady and sustainable core operating margin improvement and strong cash flow".
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