In an unscheduled trading update, Anglo-Dutch Unilever also struck a downbeat tone on its prospects for meeting its mid-term target for sales growth of 3-5% next year. “Our full-year underlying sales growth is expected to be in the lower half of the multi-year range,” added Jope, who took on the top job earlier this year. Shares in Unilever were down 5.1% at 1025 GMT, while rival Nestle slipped 1.2%. …read more
Source:: Yahoo Finance
