Unilever Profit Rises in Third Quarter, but Sales Fall 4 Percent
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Unilever PLC reported higher earnings for the third quarter Wednesday but said its business suffered from weak demand and poor weather, with sales of Ben & Jerry's ice cream and Lipton Tea falling.
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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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Europe&#39;s largest fashion retailer, Hennes &amp; Mauritz AB, on Thursday posted better than expected third-quarter profits and said sales were up despite lowered prices and competition
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Food and consumer goods giant Unilever has cut its annual profit growth forecast by more than a half, blaming wet weather for poor ice cream
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Third-quarter profit rose 5 percent, helped by sales growth in its U.S. retail market and Canada, the company said.
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Ahold, the world's third biggest retail group, announced a rise in net profits but also a sharp drop in second quarter operating income as improved results in Europe and food services were unable to offset tough market conditions in the United States.
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Media and mobile telephone group Vivendi Universal said that third-quarter profits had risen by nearly sixfold and upgraded its full-year profit outlook owing to a change in tax arrangements.
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Unilever, the consumer goods giant, slashed its profit growth forecasts yesterday in the face of poor sales, weakening consumer spending and tough competition.
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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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The retailer said improvements in inventory and cost controls helped lift its fourth-quarter profit to $301 million.
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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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The company said third-quarter profit rose 16 percent despite a drop in production, but warned that performance of its refining operations was weaker than it appeared.
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Europe&#39;s largest fashion retailer, Hennes &amp; Mauritz AB, on Thursday posted better than expected third-quarter profits and said sales were up despite lowered prices
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Consumer goods giant Unilever Plc/NV  topped forecasts with a 27 percent rise in 2006 earnings on  Thursday, but its shares fell as analysts said its recovery  appeared slow as it lagged its major competitors.
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Internet service provider United Online Inc. on Monday posted a 42 percent surge in third-quarter profit  --  helped by expanding margins and lower telecommunications costs  --  and raised its earnings outlook for 2004.
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Europe's largest fashion retailer, Hennes &amp; Mauritz AB, on Thursday posted better than expected third-quarter profits and said sales were up despite lowered prices and competition from rival companies, thanks in part to sales in the United States.
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Guidant Corp., a maker of cardiac pacemakers and defibrillators, said Thursday that third-quarter earnings, excluding items, rose on slightly higher sales to beat Wall Street expectations.