What the analysts say: The verdict on Unilever's H1

By Katy Askew | 25 July 2013

Unilever has characterised its first-half numbers as "solid", with higher profits driven by margin improvements and a focus on brands that deliver higher returns. However, Unilever's underlying sales growth narrowly missed consensus. There has been some concern about a slowdown in Unilever's emerging market sales growth and net revenue gains were hit by currency exchange and disposals. Here is the City's verdict on Unilever's H1 numbers.

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Unilever has characterised its first-half numbers as "solid", with higher profits driven by margin improvements and a focus on brands that deliver higher returns. However, Unilever's underlying sales growth narrowly missed consensus. There has been some concern about a slowdown in Unilever's emerging market sales growth and net revenue gains were hit by currency exchange and disposals. Here is the City's verdict on Unilever's H1 numbers.

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