Tuesday, October 1, 2013

They think growth’s all over! It is now.

Unilever shares slide after profit warning

Unilever shares slid on Tuesday after the consumer goods giant surprised the market with its first profit warning in a decade. The company behind Persil, PG Tips and Dove warned on Monday that a slowdown in emerging markets, where it generates almost 60pc of sales, accelerated in the third quarter. Paul Polman, Unilever's chief executive, sought to allay fears that the recent downturn in emerging markets had become entrenched.

Posted by khards @ 10:38 AM (1162 views)
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One thought on “They think growth’s all over! It is now.

  • Mass Surveillance Destroys Innovation, Trust, the U.S. Internet Market and Other Foundations of Prosperity. However the stock markets are still being “stimulated” and hitting highs, especially in the US.


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