Unilever’s weak results show it’s a low growth, low inflation world

Unilever’s weak results show it’s a low growth, low inflation world
 

Unilever, as chief executive Paul Polman noted with satisfaction, gets its full-year results out smartly these days. To see the full 2014 figures on the 20th day of January is impressive for a combine that spans the globe. Unfortunately, the numbers themselves were nothing to boast about. Underlying sales growth of 2.9% was the weakest for about a decade. Two years ago the Dove-to-Domestos-to-Flora-to-Ben & Jerry’s group was running at 6.9%.
The reasons for the recent weakness are not hard to identify. Competition is getting stiffer, consumers are becoming pickier and, in countries such... read more

 
21 January 2015 in Business, Views: 26
Source: Guardian
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