Unilever, Amazon, BrewDog: Everything that matters this morning
Unilever sales disappoint
Unilever saw sales in its third quarter fall well short of estimates as poor weather in Europe and natural disasters in the US and Mexico cut demand. Underlying revenue was up just 2.6%, compared with analyst expectations of a 4% rise and a 3% increase in the second quarter. It also marks the fourth straight quarter of volume deceleration.
CFO Graeme Pitkethely describes the environment as “stubbornly low growth”. The weather in Europe hit sales of ice cream
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