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Unilever Posts Lower Than Expected Sales In Second Quarter

Published on Jul 19 2018 8:58 AM in A-Brands tagged: Trending Posts / Unilever / Brazil / Paul Polman / Spreads / Paywall

Unilever Posts Lower Than Expected Sales In Second Quarter

Consumer goods maker Unilever reported lower-than-expected second-quarter sales on Thursday, hurt by a Brazilian transport strike and weak pricing.

The Anglo-Dutch maker of Ben & Jerry's ice cream, Dove soap and Hellmann's mayonnaise said underlying sales rose 1.9 percent, excluding the recently divested spreads business.

On that basis, analysts on average were expecting growth of 2.3 percent.

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