Unilever (UL) mops up better volumes in Q3

Unilever (NYSE: UL) beat expectations with its Q3 sales performance on Thursday as volumes grew strongly for the second quarter running, and margins edged higher.

Unilever (UL) is, however, looking strong on charts as it closed around $30.76 on Wednesday, above its 200 days and 50 days moving average.

The maker of Ben & Jerry's ice cream and household FMCG products such as Dove, Lynx and Cif, however, posted a 2% drop in sales to EUR10.2 billion for its Q3 and a marginal drop in profits also.