Breaking News

Unilever Earnings Up in 4th Quarter, To Sell Frozen Foods

March 9, 2006

Unilever earned $817.9 million for the fourth quarter. Sales rose 3% to $12.1 billion the company said.
The company’s full-year earnings rose 37% to $4.5 billion, but were less than analysts’ estimates of $4.6 billion. Annual sales rose to $47.4 billion. Unilever said its sales growth was due to higher sales volumes, rather than better prices, and it is hoping to improve operating margins in 2006.
In addition, the company, which also makes Ben & Jerry’s ice cream, Hellmann’s Mayonnaise and Knorr soups, announced it intends to sell most of its western European frozen foods businesses, including the Iglo and Birds Eye brands, but would retain its Findus brand in Italy.
  • Patent Activity: Colgate-Palmolive

    Patent Activity: Colgate-Palmolive

    December 6, 2016
    New oral care compositions, the use of radish root ferment filtrate in a cleanser and more.

  • Sparkle & Shine

    Sparkle & Shine

    Melissa Meisel, Associate Editor||November 21, 2016
    Glam packaging and upscale scent combos are big at Yankee Candle for Holiday 2016.

  • Cos Bar: Turning 40 and Hitting Fast Forward

    Cos Bar: Turning 40 and Hitting Fast Forward

    Christine Esposito, Associate Editor||November 21, 2016
    With a recent investor infusion, a new CEO and rebranding effort underway, this luxury beauty retailer has big plans.

  • The World Comes to Orlando

    The World Comes to Orlando

    Tom Branna , Editorial Director||December 1, 2016
    More than 1,600 chemists traveled to Florida for the IFSCC Congress

  • The Plex  Phenomenon

    The Plex Phenomenon

    Denise Costrini, Croda North America||December 1, 2016
    Croda details the hair-protecting qualities of bond multipliers and the company’s new bond-building formulation system.