Unilever grocery giant reports 'challenging pricing environment' in Europe
Unilever reported a fall in third quarter sales in Europe due to price discounts.
Unilever, the giant grocery and food products supplier, reported a fall in sales in Europe in the third quarter due to price discounts, but global turnover rose amid the Covid-19 pandemic helped by sales of Ben & Jerry's ice cream and detergents such as Cif and Domestos in other regions.
In Europe, Unilever said sales by volume and price both fell in "a challenging environment", as "price declines were driven by a step up in promotional intensity across the region, as the depth and volume of promotions increased". However, demand increased for detergents in the region, the company said.




