Company News

Unilever’s Profit Dips in Second Quarter

Author Image

By: TOM BRANNA

Editor

Anglo-Dutch multinational Unilever reported flat sales of leading brands and lower second-quarter operating profit. Sales of the top 400 brands, which Unilever previously indicated could in 2004 gain by more than the 2.5% of last year, were seen improving in the second half of the year.Unilever said operating profit before exceptional items and amortization of goodwill and intangible assets slipped 2% to $1.96 billion. Unilever posted an 11% rise in its earnings per share in the second quarter.U...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters