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Unilever China Reports 20% Drop In Underlying Sales Growth In Q3

This article was originally published in The Rose Sheet

Executive Summary

Unilever’s China business recorded a 20% decline in underlying sales growth and major product destocking in the third quarter, the Anglo-Dutch firm announces Oct. 23, stunning some analysts. The company’s European business struggled with difficult weather conditions and price deflation, while in North America the firm is seeing modest signs of improvement.

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