) fell much less than expected as a pick up in eating at home during coronavirus lockdowns boosted demand for products such as Hellmann’s mayonnaise and Breyers ice cream.
“Overall, Unilever’s strong performance in the period and an increasingly focused strategy has led to a sigh of overdue relief from investors,” said Richard Hunter, head of markets at interactive investors. Underlying sales in North America jumped 7.3% in the first half, with volumes up as much as 20% in some categories, Chief Financial Officer Graeme Pitkethly told a media call. The United States is Unilever’s biggest market by revenue.
Highlighting the huge disruptions caused by the pandemic, Unilever said food service sales declined by nearly 40% and out-of-home ice cream by nearly 30% in the first half. However, e-commerce sales were up 49%, with North America leaping 177%.
Me too - eating cushions? That’s a thing? ?
Who eats cushions?
What the hell is cushions virus?
Really wanted this to be eating-at-home cushions
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