date:Oct 25, 2013
ed with a 5% increase for the second quarter.
Unilever said its spreads division, which accounts for around a quarter of foods sales, showed a progressive improvement. Sales, however, were down amid weakness in the market and lower prices, reflecting benign commodity costs.
Third-quarter sales came in at 12.5bn, a decline of 6.5% compared with the same period last year.
This is a soft quarter without a shadow of a doubt, Chief Financial Officer Jean Marc Huet told Reuters in an interview.
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