Unilever's sales fall in Brazil in 2017

The manufacturer of food and consumer goods, Unilever reported on Thursday (1/2) 16.8% growth in net income in 2017, to 6.053 billion euros. Net sales totaled 53.715 billion, 2% compared to the previous year. There were 3.5% sales growth, excluding spreads, with prices rising 2.4%. In the financial statement, the owner of brands such as Dove, Hellmann's and Ben & Jerry's reported that global conditions remained challenging market last year, with the volumes sold increasing less than 1%. However, signs of improvement have been verified in emerging markets. Paul Polman, the Chief Executive of Unilever, said that the overall performance was good, with increases in volume, margin, profit and cash flow. "This puts us on the path to achieving the strategic goals set for 2020," said in a note. Last year, the anglo-Dutch 10 11 acquisitions, including mother earth, in Brazil. Brazil sales performance of anglo-Dutch war in the Brazilian market last year was not good. There was a decline in sales in the country. Consumer behavior to change brands during the crisis was the factor that led the retreat. However, the manufacturer said that this habit is losing power as economic conditions improve, after the recession. According to statement, the personal care area was affected in the year for a more intense competition, especially in Brazil and Indonesia. In the fourth quarter, the company checked growth, including the launch of five brands and acquisitions. In Latin America, there was a below-average growth of the last few years, but the positive movement was pulled for Mexico and Argentina, where the volumes sold increased. "Prices have risen less in relation to recent years, because the currencies and inflation rates have stabilised in most countries". In North America, the performance was also weak in 2017, particularly in traditional sales channels. The Asian region noted 5.9% advance in the underlying sales volume gains in the second half and good performance for ice cream and cooking products. In China, this expansion was supported by e-commerce. Europe, for your time, follows challenging, with moderate growth and continuing deflation of prices in various countries.