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Unilever Calls On UK To Remain In EU; Reports 2013 Revenue Surpassed Analysts' Forecast

January 21, 2014: 12:00 AM EST
Unilever could review its investments in the UK if the country left the European Union, according to company CEO Paul Polman. He said being in the EU brings a lot of benefits for the UK although some reforms must be implemented by the European government. Polman made his comments after the company reported its net profit grew 9 percent to €5.3 billion in 2013, beating analysts’ expectations. Global sales grew 4.3 percent, with sales in emerging markets rising 8.7 percent, the company said. He also dismissed criticism that his company has too many products and defended its marketing of skin-whitening creams, comparing them to tanning products.
Jennifer Rankin , "Unilever could pull out of Britain if it left EU, warns multinational's boss", The Guardian, January 21, 2014, © Guardian News and Media Limited
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