Unilever is likely to report weak results for the third quarter. Barclays analysts suppose, that market conditions have become weaker and the Anglo-Dutch food and care concern is struggling with competition from Procter&Gamble in the United States.
Experts also point to the “extreme split” between Unilever and industry counterpart Nestlé, which is in fact experiencing its best period in years in the United States.
Unilever’s group volume, excluding Brazil, was virtually flat in the second quarter and trends are unlikely to improve in the current quarter. Barclays, which has a neutral opinion on Unilever, expects the domestic care division to slow down and that this is not compensated within the company.
The Unilever share was 0.6 percent lower on Friday at 1.40 pm at 54.16 euros.