Cool: Eva Longoria eating a Magnum

Cool: Eva Longoria eating a Magnum

Unilever bosses hope to stay in investors’ good graces this week with a closely watched financial update.

Shares in the consumer giant – whose brands include Magnum, Ben & Jerry’s and Hellmann’s mayonnaise – have traded at near five-year highs.

Chief executive Hein Schumacher intends to spin off the group’s ice-cream business and save around £700m with 7,500 job cuts.

Sales are expected to have risen 1.5 per cent to just under £13billion in its third quarter.

And the City will be keeping an ear out for any hints of a London listing for its ice cream unit, which also owns the Wall’s brand.

DIY INVESTING PLATFORMS

Easy investing and ready-made portfolios

AJ Bell

Easy investing and ready-made portfolios

AJ Bell

Easy investing and ready-made portfolios

Free fund dealing and investment ideas

Hargreaves Lansdown

Free fund dealing and investment ideas

Hargreaves Lansdown

Free fund dealing and investment ideas

Flat-fee investing from £4.99 per month

interactive investor

Flat-fee investing from £4.99 per month

interactive investor

Flat-fee investing from £4.99 per month

Get £200 back in trading fees

Saxo

Get £200 back in trading fees

Saxo

Get £200 back in trading fees

Free dealing and no account fee

Trading 212

Free dealing and no account fee

Trading 212

Free dealing and no account fee

Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.

Compare the best investing account for you



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *