date:Feb 01, 2019
k by promotional intensity, particularly in the US. Innovations including Knorr rice and pasta pots as well as the companys new brands Red Red, Prep Co and Me Terra helped Unilever build scale in the fast-growing snacking segment and it announced an agreement to buy Horlicks in India, Bangladesh and 20 other markets.
Underlying operating margin increased 80bps as a result of strong gross margin improvement and lower overheads, despite an adverse impact from the spreads disposal.
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