date:Jul 26, 2013
rgins, despite the increased competitive intensity and, yes, challenging macroeconomic conditions.
Emerging markets, which represents 60% of Unilevers business, helped drive an underlying sales growth of 5% during the quarter, but the company acknowledged a noticeable slowdown.
Brazil, Russia, India and China have all seen downgrades to growth forecasts, and the markets in which we operate certainly have slowed, Mr. Polman said. Many of the currencies have weakened at an accelerated pace and