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Unilever slashes its forecasts for sales growth
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International Herald Tribune
02-13-2004
Unilever, the Anglo-Dutch conglomerate that makes consumer products ranging from Dove soap to Hellman's mayonnaise, lowered expectations for sales growth as it presented year-end results Thursday, and said that its co-chairman, Niall FitzGerald, would step down in September.Sales growth is now expected to be 3 percent to 5 percent annually, down from the company's earlier forecasts for 6 percent annual growth.In its year-end resul...
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