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Unilever Can Sustain Growth Despite Slowdown In Some Emerging Markets, COO Says

May 3, 2012: 12:18 AM EST
Unilever chief operating officer Harish Manwani said his company intends to lead in market development, make the most of its capabilities, and speed up its go-to-market time in order to overcome slowdown in some emerging markets. Manwani said Unilever can sustain growth levels it recorded in the first quarter of 2012, because the company has invested in enhancing organizational capabilities and innovations. Also, domestic consumption in emerging markets, which accounted for 56 percent of Unilever's €46.5 billion turnover in the first quarter, is large enough to compensate for slowdown in some of the markets.
"'Challenge is to lead market development'", The Times of India (TOI), May 03, 2012, © Bennett, Coleman & Co. Ltd.
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