Quarterly sales of Unilever fell short of expectations

The British-Dutch company Unilever, which produces consumer goods, following the results of the second quarter reported on the growth of basic sales by 1.9%, not justifying the forecasts of analysts who had expected growth of 2.3%. The quarterly sales were adversely affected by the transport strike in Brazil, as well as low prices. During the first half of the year, prices rose by only 0.2%, so the bulk of the increase was in sales volumes. In the first half of the year, Unilever sales grew by 2.7%, while analysts had expected a 3% increase. Due to the pressure of exchange rates, the turnover of the first half of the year decreased by 4.8% to 24 billion 900 million euros.

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