Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 959 Sat. February 10, 2007  
   
Business


Unilever sees net profits surge


Anglo-Dutch food giant Unilever reported a 26 percent net profit rise in 2006 compared with 2005, attributable to divestments, but said sales stagnated in the fourth quarter.

The company said net earnings last year rose to 5.015 billion euros (6.526 billion dollars).

The results surpassed analysts' expectations. Questioned by financial news agency AFX they said they were counting on net profit between 4.25 and 4.5 billion euros.

A little before noon Unilever share prices at the Amsterdam stock exchange were down 2.49 percent to 20.35 euros.