FIRST AIRED: January 31, 2019

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Transcript

00:00:00
>> Unilever's production lines aren't as busy as the company would like, fourth quarter sales rising more slowly than analysts expected. The consumer goods giant makes everything from Dove soap to Ben & Jerry's ice cream, to this stuff, Britain's love it or hate it Marmite spread. Most of the company's troubles seem to be in the Americas.
00:00:20
It blamed hyperinflation in Argentina for a slump in sales there. And it said tough competition had cut profits on ice cream and mayonnaise in the US. Traders were unimpressed by the news, with shares down around 3% in early London trade. The news brought to an end a bumpy 12 months for Unilever.
00:00:40
Last year, the company had to U-turn on plans to move its HQ from London to the Netherlands after a stormy response from investors. New chief executor, Alan Jope, remains reasonably bullish though. He says Unilever will hit its targets for 2020, despite a challenging outlook.