AMSTERDAM: Unilever, the world's third largest food company, made a profit in the fourth quarter and plans to sell European frozen food brands Birds Eye and Iglo because they are not growing.
The maker of Hellmann's mayonnaise and Comfort fabric softener had net income of 684 million euros (US$820mil) compared with a year-earlier loss of 144 million euros, the company said in a statement yesterday. Sales were little changed at 10.1 billion euros.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!