EARNINGS PREVIEW: Unilever 3Q Underlying Sales Seen +3.7%
03 November 2010 - 2:13PM
Dow Jones News
Unilever (UN, UL): 3Q Earnings
Due: November 4 at 0700 GMT
DJ Survey of 3 Analysts
Average underlying sales: up 3.7% (up 3.4% in 3Q 2009)
Note: a modest acceleration in underlying sales growth is
expected, boosted by a recovery in pricing. However the second half
is expected to be tougher, with cost inflation returning and price
rises effectively restricted. The underlying sales measure - which
strip out acquisitions, disposals and currency movements - is
closely watched because it's a directly comparable measure of how
the company's products are selling.
(simon.zekaria@dowjones.com)
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