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Unilever Expects Sales Growth to Bounce Back After Strike

Thomas Buckley
Unilever Expects Sales Growth to Bounce Back After Strike

Unilever said it will make up some lost ground in the second half after a strike in Brazil held back sales growth in the early part of the year. The more upbeat outlook comes after the maker of Ben & Jerry’s ice cream and Dove soap on Thursday reported sales growth below analysts’ expectations after truckers walked off the job earlier this year in the Latin American country to protest rising fuel prices. As Chief Executive Officer Paul Polman prepares to leave after nearly a decade, he’s completing work on a plan to consolidate the company’s headquarters in the Netherlands, despite dissent from some investors.