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Unilever Sees Steady Financial Results for Q3 2010
Posted: November 5, 2010
page 3 of 3
Western Europe—Volume growth in Western Europe was positive in the quarter, and Unilever continues to gain volume share. Underlying price growth in the third quarter improved from the previous quarter but was still negative year-on-year due to the high level of promotional intensity in many markets. Conditions in Greece, Spain and Ireland remain difficult. Deodorants continued to progress well, and operating margin was again positive, primarily reflecting the benefits of the cost-saving programs.