Agence France-PresseOctober 24, 2013 06:47
Anglo-Dutch food and cosmetics giant Unilever, seen as a bellwether for global consumer spending, said on Thursday that its third-quarter sales had been hit by weakened demand in emerging markets.
Turnover fell 6.5 percent to 12.5 billion euros ($17.3 billion) compared to the outcome in the same period last year.
This included a negative currency impact of 8.5 percent, the company said in a statement.
Underlying sales were up 3.2 percent, compared to a 5.9 percent increase a year earlier.
Growth in emerging markets was up 5.9 percent, compared to 12.1 in 3Q 2012.