Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Unilever plc    ULVR   GB00B10RZP78


News SummaryMost relevantAll newsSector news 

Unilever Downgrades 3Q Sales Growth Expectations

09/30/2013 | 12:53pm US/Eastern

LONDON--Unilever PLC (>> Unilever plc) Monday downgraded its expectations for third quarter sales growth amid a accelerated slowdown in emerging markets.

The Anglo-Dutch consumer goods company, which now expects third quarter underlying sales growth to be between 3% and 3.5%, said the slowdown in emerging markets growth is due to currency weakening, and that growth in developed markets remained flat to down.

"We continue to grow ahead of our markets and expect underlying sales growth to improve in quarter four," said Chief Executive Officer Paul Polman. "For 2013 we are still on course to deliver against our priorities of profitable volume growth ahead of our markets, steady and sustainable core operating margin improvement and strong cash flow".

London listed shares of Unilever on Monday closed at 2440 pence, valuing the company at 31.53 billion pounds ($50.88 billion).

Write to Tapan Panchal at

Stocks mentioned in the article : Unilever plc
React to this article
Latest news on UNILEVER PLC
05/28 UNILEVER : Patagonia cement their positions as the world's most sustainable bran..
05/28 UNILEVER : issues EUR1.25 billion bonds on European markets
05/28 UNILEVER : Largest Number of Votes Ever Cast for Lions Live
05/28 UNILEVER : 'TIME TO GET OUR ACT TOGETHER' ; Leaders discuss the Northern Powerho..
05/27 UNILEVER : saves 1 million tonnes of CO2 from manufacturing
05/27DJUnilever Issues EUR1.25 Billion Worth of Bonds
05/27 UNILEVER : Lifebuoy Champions Need for Handwashing with Soap Public Private Part..
05/26DJHormel to Buy Organic Meat Maker
05/25 UNILEVER : Biting the dust
05/25 UNILEVER : New Surf Auto and Verve! celebrate Women in White
Duration : Period :
Unilever plc Technical Analysis Chart | ULVR | GB00B10RZP78 | 4-Traders
Income Statement Evolution
More Financials