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Focusing on competitive volume growth in India, expects price cut, says Unilever

For 2023, Unilever reported a turnover of 59.6 billion euros. The company s underlying sales growth in the full year stood at 7 per cent with a volume increase of 0.2 per cent and 6.8 per cent from price point. While for the December quarter, Unilever s turnover was at 14.2 billion euros, up 4.7 per cent. Its Asia Pacific Africa Zone, which consists of large markets such as India and China, contributed 44 per cent of the group turnover in 2023. It posted an underlying sales growth of 6.5 per cent with price growth of 5.3 per cent and volume growth of 1.1 per cent.

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