UNILEVER released results for nine months and third quarter ended September 2016. The key features of the third quarter result are (1) 25.9% y/y and 13.5% q/q revenue growth; (2) elevated cost pressure — which saw gross margin contract by 923bps y/y and 317bps q/q; (3) y/y and q/q decline in opex and the margins; ...
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