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Full-year profit at Unilever soars, sales edge lower

Jan 31, 2019 - Associated Press Financial Wire
Board and Executive Moves

THE HAGUE, Netherlands (AP) - Unilever, the consumer products giant that sells Dove soaps and Ben & Jerry's ice cream, said Thursday that Europe's hot summer and the sale of its spreads division helped drive up net profit last year by 51 percent, to 9.8 billion euros ($11.2 billion).

However, sales fell 5.1 percent to 51 billion euros ($58.5 billion) due to the divestment of the spreads division and exchange rate fluctuations, the company said. In the fourth quarter of 2018, sales dropped ...