Unilever admits to weak results as sales fall
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Unilever, the consumer goods group, revealed yesterday that its sales dropped 4% in the past three months, a performance it called &quot;unacceptably weak&quot;.
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High street and shopping mall retail chain Dixons Group, the UK&#39;s largest consumer electronics and equipment retailer, has warned that sales and profits have waned in the last quarter.
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Anglo-Dutch consumer goods company Unilever will merge its two boards after reporting "unsatisfactory" earnings for 2004.
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LONDON (CBS.MW) - Anglo-Dutch foods giant Unilever on Monday lowered its outlook for earnings growth for the year, pledging to raise advertising and promotion spending to bolster flagging sales of some of its brands.
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Foods giant Unilever is to close one of its Birds Eye factories with the loss of 600 jobs in an effort to cut costs, as two other companies also revealed job cuts in the UK.
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Shares in Burberry sink 11% after it says retail sales were lower than hoped in the last three months of 2007.
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Cadbury Schweppes, the soft drinks and confectionery giant, said yesterday that the wet summer had dampened sales of its soft drinks in Europe.
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U.S. chain store retail sales fell in the latest week as unseasonable weather caused sales to slow a retail report said on Tuesday.
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Unilever PLC, the Anglo-Dutch consumer products maker, said Wednesday its business suffered from weak demand and poor weather in the third quarter, with sales of Ben & Jerry's ice cream and Lipton Tea falling.
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Unilever PLC, the Anglo-Dutch consumer goods giant, reported that its pretax profit fell two percent in the third quarter after sales of ice cream, soft drinks and household goods were hit by poor European weather, weak consumer demand and pressure from rivals.
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Cadbury Schweppes, the confectionery to soft drinks group, followed rivals such as Unilever and Coca-Cola yesterday in admitting the poor summer had taken its toll on its sales, knocking its shares.
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The company's sales fall, pulling down its stock price.
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Shares in Unilever fall after the Anglo-Dutch consumer goods giant issues a surprise profits warning.
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UK blue chips closed lower as Wall Street remained weaker after disappointing inflation data with Alliance & Leicester down after reporting a fall in core operating profit, held back by large scale write-downs.
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French carmaker Peugeot-Citroen reports a slump in full-year profits, amid weakening worldwide sales.
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The food and consumer goods giant Unilever today delivered disappointing news to shareholders as it cut its annual profit growth forecast.
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Cadbury Schweppes said trading at its beverage business had been weaker than expected during the US and European summer with sales of fizzy drinks hit by poor weather.