Danone has upped its sales revenue guidance for 2011, encouraged by a positive pricing performance in the last quarter. But the French dairy giant warned of a 6-9 per cent hike in raw material costs.
Unilever posted a 5 per cent improvement in sales during the full
fiscal year, on the back of its increased focus on products with
vitality benefits, emerging markets and personal care.
Unilever today announced it will cut
20,000 jobs, accounting for 11 per cent of its total
workforce, as part
of a new "aggressive" growth strategy
for its operations.