Turnover down, profits up at Unilever
Anglo-Dutch food to detergents group Unilever on Tuesday announced full year turnover down 3% but net profit up 9% in 2013.
Turnover fell to €49.8bn while net profit rose to €5.3bn. The results were influenced by the expensive euro, economic headwinds and highly competitive markets, the company said.
CEO Paul Polman said in a statement: ‘2013 provides further evidence of the progress we are making in transforming Unilever into a sustainable growth company.’
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