Economy News Shares

Unilever: first-half profit down

Unilever announced a 5% decline in first-half profit to 3.1 billion euros ($3.65 billion), which was partly driven by foreign exchange losses. Sales rose by a mere 0.3% to 25.8 billion euros (30 billion dollars), largely because of a negative currency effect. According to the group, sales would have been much higher with a constant […]