Company News, Financial News

Unilever Warns of Tougher Conditions in 2016

But 2015 turnover rises 10%.

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By: TOM BRANNA

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Helped along by positive currency exchange rates, Unilever's 2015 sales rose 10% to €53.3 billion. Underlying sales growth was 4.1%, with volume up 2.1% and price up 1.9%. The company benefitted from a positive currency impact of 5.9%. According to Unilever CEO Paul Polman these results further demonstrate the progress Unilever has made transforming into a more resilient company, one that is capable of consistently delivering competitive underlying sales growth, margin expansion and stro...

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