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October 29, 2003
By: TOM BRANNA
Editor
Anglo-Dutch consumer goods group Unilever, battling to reverse stagnating sales, posted an 11% rise in third quarter earnings as margins improved.Unilever repeated its forecast of double-digit per-share earnings growth for the year, but did not give any firm outlook beyond that. Third quarter net profit before exceptional items and goodwill amortization rose to $1.46 billion. Sales were virtually unchanged at 12.29 billion euros.Unilever disappointed markets last week as it reduced its 2003 sale...
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