Loans and Finance

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Thursday, April 23, 2020

Unilever Flat

Unilever PLC reported flat sales growth for the first quarter as the maker of Dove soap and Ben & Jerry’s ice cream said the hit from Covid-19 lockdowns in big emerging markets such as China and India outweighed stockpiling by consumers in the USA.

As such it pulled its full-year forecast, saying it could not “reliably assess the impact” of the coronavirus pandemic on its business, but said it would pay its quarterly interim dividend as planned.

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