Unilever set to beat sales target

Unilever shares were given a lift today after the consumer products giant reported better-than-expected sales growth in its third quarter.

The firm, which produces a wide range of products, said price rises in the wake of “unprecedented” cost pressures drove the 8.3% increase, although it added that volumes were also holding up well after a 0.6% gain in the three months to September 30.