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January 27, 2003
By: TOM BRANNA
Unilever announced that is expects underlying sales in its leading brands to have grown 5.4% for the full year 2002. This is ahead of its previous guidance for the year of between 4.5-5%. Executives said the growth reflects the strong innovation and marketplace activity program which will be weighted towards the second half of the year. This activity has been backed by a step-up in investment in Unilever’s brands. Its “Path to Growth” restructuring and Bestfoods integration program have continued to deliver savings in line with plan.
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