date:Oct 25, 2013
Unilever today posted what is its worst rate of quarterly sales growth in four years, providing evidence that a slowdown in emerging markets is hitting demand for its consumer goods.
The Anglo-Dutch maker of Ben Jerry's ice cream and Dove skincare products had warned in September that a slowdown - in places like Indonesia, Brazil and Vietnam - had accelerated, and that it expected underlying sales growth of only 3% to 3.5%.
The company reported a 3.2% rise in third quarter sales, which compar