LONDON: Anglo-Dutch consumer goods maker Unilever has told investors on that it expects new products and a leaner organisation to help win an intensifying battle to sell packaged goods around the world.
The maker of Dove soap and Knorr soup, which is under huge shareholder pressure since rebuffing a US$143bil takeover bid in February from Kraft-Heinz, posted an unexpected slowdown in sales last month, citing lost market share to smaller rivals.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
