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Anglo-Dutch consumer products group Unilever said it is making good progress with the integration of US foods group, Bestfoods, which it acquired in June last year.

The company said that it was on line to deliver a cost synergy target by 2003 from the Bestfoods acquisition of US$750 million with US$375 million to be delivered in 2001. Unilever added it was comfortable with its double-digit earnings outlook for 2001 and expected full year sales growth for its leading brands to grow by around 19%. The company is presently carrying out an aggressive restructuring and procurement program that will fund increased investment behind its brands and improved operating margin.