Unilever’s sales surge held back by currency crosscurrents

Unilever announced a 4.7% lift in underlying sales in the first half of the year. However, the impact of the consumer goods giant’s sales growth was lessened after factoring in current exchange rates. Hugh Yarrow, manager of the Evenlode Income Fund talks to Portfolio Adviser about how Unilever’s sales surge is held back by currency crosscurrents.

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