Financial Times FT.com

Unilever acts to calm investors

By Adam Jones in London and Ian Bickerton in Amsterdam

Published: August 23 2004 05:00 | Last updated: August 23 2004 05:00

Unilever has moved to reassure investors that its refusal to abandon its 2004 profits forecast in spite of weak sales will not do lasting damage to its brands.

The Anglo-Dutch food, detergents and toiletries group said last month that it still expected to deliver double-digit growth in underlying earnings per share, even though sales of its leading brands fell marginally in the second quarter.

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