- Underlying sales growth across all five business segments
- Negative pricing developments in India and Indonesia
Recent press comment on Unilever (ULVR) has centred on the practical difficulties associated with the group’s decision to hive off its ice cream businesses. The relentless pursuit of social justice causes by the Ben & Jerry's brand obviously informed that decision, but the group cited a “different channel landscape, more seasonality, and greater capital intensity” as contributory factors.