date:Feb 01, 2019
Unilever has reported lower-than-expected Q4 sales, which were affected by flat volume growth in developed markets. In the companys first set of results under the reign of new Chief Executive Alan Jope, sales rose by 2.9 percent and there was an increase in profits for the full year, which stood at 9.8 billion (US$11.21 billion) in 2018 compared to 6.5 billion in 2017.
Unilever reportedly put disappointing Q4 results down to Argentina for hyperinflation that led prices to spike more than 50 per