Unilever shares surge to the top of the FTSE 100 despite sales miss Retail Dove and Marmite-maker Unilever missed its sales targets in the second quarter of the year as a turnaround plan from chief Hein Schumacher failed to convince customers.
Unilever: Magnum and Dove maker ‘to cut over 3,000 European jobs’ Business Unilever is planning to cut more than 3,000 jobs based at its offices across Europe by the end of 2025, according to reports.
Unilever kicks off £1.29bn buy-back as bosses look to boost share price Pharma The Dove-to-Marmite maker said the first tranche of a buyback programme announced in February will be worth up to €850m and will run from today until the end of August.
Unilever thanks ‘power brands’ for sales bump as Marmite-maker steams ahead with turnaround plan April 25, 2024 Consumer giant Unilever said sales of its most popular brands such as Dove soap helped drive growth in the first quarter, in the businesses first trading update since announcing plans to sell its ice-cream arm.
Global top 50 companies: UK absent as American tech triumphs April 22, 2024 There are now no UK companies among the top 50 largest listed companies in the world, as the British economy has struggled to compete with the dominance of American tech firms.
Unilever struggles to find buyer big enough for its ice cream empire April 21, 2024 Consumer goods giant Unilever may be forced to hold on to part of its multibillion-pound ice cream operations as the business' massive size makes it difficult to offload.
Are LVMH, Nestle, L’Oreal and Hermes Europe’s alternative to Microsoft, Apple, Nvidia and Tesla? April 9, 2024 Much has been made of the 'Magnificent Seven' tech stocks - Meta, Apple, Amazon. Alphabet, Microsoft, Nvidia and Tesla - which have dominated the US market amid a boom in demand for AI and, until recently, more optimism over potential interest rate cuts.
New York Stock Exchange enters battle for Unilever ice cream unit listing April 1, 2024 The New York Stock Exchange has reportedly joined the battle to tempt Unilever’s ice cream business to list on their stock exchange.
The week that was: Cocoa price squeeze as UK equities’ struggles continue March 30, 2024 We recap another busy week in the City which in which we saw cocoa prices sky rocket, Flutter fly away and left Thames Water on the brink.
Unilever: Why job cuts and ice cream split may be a sweet deal for the FTSE 100 business March 19, 2024 Consumer goods giant Unilever is continuing to top the FTSE 100 leaderboard, as news of job cuts and a spin-off of its ice cream business has sweetened investors.