Posted in July 22nd, 2009
Michael Young submits: 160 million people a day use products manufactured by Unilever ( UL ). The firm has 400 brands of which 13 are “Billion Euro brands”, including Dove, Knorr, Flora, Lipton and Sunsilk. In a recession when consumers have less cash to spend, there is naturally an inclination for shoppers to fill their baskets with supermarket own-label products rather than branded goods which are usually more expensive. Investors in Unilever shares therefore awaited the Q1 2009 update, in t
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