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Sarah
Money Manager
Joined: 16 Jul 2004
Posts: 831
Cash Points ££ 12024.38
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 Posted: Wed Feb 16, 2005 10:43 am Post subject: ULVR - Unilever - Full Year results 2004 |
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FULL YEAR 2004
• Underlying sales grew by 0.4% and leading brands by 0.9%. Sales
declined in Western Europe with share losses in some categories in weaker
markets. In Asia, it was a year of intense competition.
• Strong cash generation and currency movements have reduced net debt
to €9.7 billion at year-end exchange rates, down by €2.9 billion over the year.
• Proposed final dividend of €1.26 per NV ordinary share and 12.82p
per PLC ordinary share, increases the total dividend per share by 9% for NV and
by 6% for PLC.
ORGANISATION CHANGES
• Dual chairman structure to be replaced by single CEO and
non-executive Chairman.
• Simplification of management structure with fewer layers and greater
consumer and customer focus.
• Corporate structure to be reviewed.
Last edited by Sarah on Mon Feb 21, 2005 1:52 am; edited 1 time in total |
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fireboy
Saving Enthusiast
Joined: 18 Oct 2004
Posts: 134
Cash Points ££ 459.94
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| Posted: Mon Feb 21, 2005 1:52 am Post subject: |
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You forgot to mention that UNiliver fourth quarter profits fell by 36% !
It appears that what happened to Marks & Sparks is about to happen to Unilever |
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Neo
Saving Enthusiast
Joined: 24 Oct 2004
Posts: 147
Cash Points ££ 595.04
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| Posted: Sun Feb 27, 2005 9:54 pm Post subject: |
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