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Unilever results take a hit as bad weather melts ice cream sales

Published Thu, Oct 19, 2017 · 09:50 PM

London

UNILEVER reported third-quarter sales growth that fell well short of estimates as poor weather in Europe and hurricanes in the Americas cut demand for ice cream.

Underlying revenue rose 2.6 percent, the Anglo-Dutch maker of Magnum and Ben & Jerry's said, compared with the 4 per cent median estimate of analysts surveyed by Bloomberg.

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Unilever results take a hit as bad weather melts ice cream sales

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