Friday , November 16 2018
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FT Opening Quote – Unilever meets targets after failed bid

Summary:
Does Unilever have a Facebook feed? Does the consumer goods group upload images to Apple Photos? If so, Paul Polman, chief executive of the Anglo-Dutch giant, is probably not finding the “Memories From One Year Ago” function terribly enjoyable, writes Matthew Vincent. It can only be showing him selfies of Kraft Heinz and Warren Buffett – and reminding him that we’re just a year on from their aggressive £115bn bid for the entire Unilever business.Unilever was able to fend off the approach with promises of increased margins and profitability. So this morning’s full-year results needed to show attractively filtered images of both – and more.Thankfully, they do – just about.Underlying sales growth in 2017 was 3.1 per cent – or 3.5 per cent excluding the soon to be sold spreads business –

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Chris Nuttall
Award-winning journalist with more than 35 years' experience in newspapers, magazines, radio, TV and the internet at local, national and international levels. At the BBC for 17 years and has spent the past 15 with the Financial Times. Served as a foreign correspondent in Sri Lanka, Washington and Turkey as well as in a roving role for the BBC. Turned a late 1980s geeky interest into a professional focus on the internet and technology and was founding World Editor of the BBC News website and the BBC 's first Internet Correspondent.

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