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Unilever Sales Growth Misses Estimates on Asian Slowdown
date:Jul 25, 2014
necessitated by sliding currencies. Almost two-thirds of food sales come from mature markets such as the US, which has prompted the sale of brands such as Slim-Fast and Ragu. The volume of food sold by Unilever in the quarter was little changed despite the benefit of Easter falling in the period.

Unilevers foods business is the real dog, Rahul Sharma, managing director of Londons Neev Capital, said in an e-mail, citing a lack of innovation and frequent price increases, which have damped sales,

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