Consumer goods company Unilever NV (UL) reported third quarter earnings of 0.43 euros per diluted share, up from 0.36 euros a year earlier.

Sales rose 13.2% to 11.5 billion euros ($16.4 billion), driven by a strong performance in emerging markets, the company said in a statement.

Higher sales, lower costs and a weaker euro boosted earnings, Unilever said.

"We have delivered another quarter of solid progress driven by our emerging markets business which again reported high levels of volume growth," CEO Paul Polman said.

Unilever makes popular brands such as Ben & Jerry's ice cream and Dove soap.

Adjusted for the impact of the weaker euro, sales rose 3.1% and profits increased 11%.

Increase your money and finance knowledge from home

Reading a Stock Quote

Learn to read the ingredients of a stock.

View Course »

Asset Allocation

Learn the most important step in structuring an investment portfolio.

View Course »

Add a Comment

*0 / 3000 Character Maximum