Anglo-Dutch company Unilever has reported an increase in underlying sales for Q3 of 3.8% after eliminating growth from Argentina because of high inflation. Analysts called the results "solid" and "unexciting", while Unilever said it was on track to achieve its 2020 targets. The world's biggest food retailer Tesco is also reporting a fall in sales, but analysts expect that this will be offset by higher prices at other retailers.
Anglo-Dutch company Unilever has reported an increase in underlying sales for Q3 of 3.8% after eliminating growth from Argentina because of high inflation. Analysts called the results "solid" and "unexciting", while Unilever said it was on track to achieve its 2020 targets. The company is also pondering streamlining its dual-headquarters structure after its attempt to move to the Netherlands was halted by rebellious UK investors.