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Unilever PLC (UN) Thursday said slowing North America sales growth and a tepid start to ice cream purchases amid unusually cold weather in Europe saw its revenue growth slacken more than expected.The 83-year-old Anglo-Dutch consumer goods company, which is the second-largest maker of branded household products by revenue after U.S.-based Procter & Gamble Co. (PG), said first-quarter sales excluding acquisitions, disposals and currency movements rose 4.9%. This compares with 8.4% growth in the equivalent period of 2012 which benefited from a leap year, and 7.8% growth in the fourth quarter. Analysts had a consensus forecast of 5.6%. Volumes rose 2.2%, compared with 3.5% growth last year, and prices of its goods rose 2.6%, versus a gain of 4.7%.More than half of Unilever's revenue comes from faster-growing developing markets like Indonesia and India, meaning it is well protected from the West's economic woes. Demand for personal-care items like shampoo and deodorant across Asia, Africa a...
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Consumer goods giant Unilever PLC (ULVR.LN) Thursday said it is considering the sale of its North American peanut butter brand, Skippy."As part of a recently complet...
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Unilever PLC (ULVR.LN) Thursday warned of a worsening global economy as the consumer goods giant posted a fall in first-half profit, even as revenue rose on strong d...
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Shareholders of consumer goods giant Unilever NV (UN) Wednesday backed a salary rise awarded to Chief Executive Paul Polman this year, despite opposition from a mino...
Unilever PLC (ULVR.LN) said Thursday that two unions have voted to accept a revised pension scheme, which could end the threat of further strike action against the c...
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Unilever PLC (UNA.AE, UNLR.LN, UN, UL) shares climbed to an all-time high Wednesday, as the 83-year-old consumer-goods giant passed a key milestone in its mission to...
Shares of consumer-products giant Unilever PLC rose in an upbeat U.K. market on Wednesday after a well-received earnings report, with the latest unemployment data an...
Shares of consumer-products giant Unilever PLC led U.K. stocks higher Wednesday after a well-received earnings report, with the latest unemployment data and Bank of ...
Anglo-Dutch consumer goods company Unilever Plc/NV's share price hit an all-time high on Wednesday as growth beat expectations, propelled by strong sales of its hair...
Unilever PLC (ULVR.LN) Wednesday warned of a challenging global market due to "intense competition and volatile commodity costs," but nonetheless reported a 5.4% ris...
Adding to its stable of meat brands, Hormel Foods (NYSE:HML) sealed a $700 million deal on Thursday to snag Skippy peanut butter from Dutch consumer goods giant Unil...
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