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Unilever Disappoints on Q4 Revenue

  

Feb 1, 2017

    

Multinational food and personal care manufacturer, Unilever posted revenues of $13.99 billion for the fourth quarter of 2016, 1.3 percent higher than the corresponding quarter in fiscal 2015. 

The market expected earnings of $14.1 billion.  For the full year, EPS attained $1.99 three percent higher than in fiscal 2015. Unilever produces Hellmann’s and Ben & Jerry’s brands and has evidenced a pro-animal welfare orientation in recent years.