Unilever Ghana : What’s behind Unilever’s strong first quarter results?

On 27 April, we announced our results for the first quarter of 2023, which reflected a good start to the year with another quarter of strong topline growth. Underlying sales growth (USG) accelerated to 10.5%, with turnover up 7.0% on the same period last year.

Our growth was broad-based across our five business groups and underpinned by strong performances from our billion+ euro brands - in particular OMO, Hellmann's, Rexona and Lux - which delivered 12.1% USG and now account for 54% of Group turnover.

"We are continuing to execute well on our strategic priorities," said Unilever CEO Alan Jope. "We have stepped up both the effectiveness of our innovation and the investment behind our brands. We continue to shift our portfolio into higher growth spaces, with the delivery of another quarter of double-digit sales growth in Prestige Beauty and Health & Wellbeing.

"We remain focused on navigating through continued macroeconomic uncertainty and are confident in our ability to deliver another year of strong growth, which remains our first priority."

Here's a look at the performance highlights from each business group, and how innovation from our brands is driving this positive momentum.