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Will Unilever unveil an upside earnings surprise? — #SaxoStrats
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Unilever, Europe’s largest consumer product company, releases its Q4 earnings on Thursday. Saxo Bank’s head of equities Peter Garnry explains why it’s one to watch.
The British-Dutch multinational consumer goods firm has pleased investors in 2016, says Garnry, despite rising inflation and food prices.
There has also been a weakness in emerging markets, which accounts for 50% of Unilever's topline earnings.
Cost inflation may hurt Unilever's volume growth, but investors have been content with the company’s progress in 2016, says Garnry.