Unilever sticks with emerging markets as sales rebound

[riky]

Unilever sticks with emerging markets as sales rebound

<p><a href="http://news.yahoo.com/unilever-beats-forecasts-emerging-markets-rebound-091946070--sector.html"><img src="http://l1.yimg.com/bt/api/res/1.2/Tg_ZOxfzGYgR8dAV68gW5w--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-01-21T131629Z_2_CBREA0K0LBN00_RTROPTP_2_BRITAIN.JPG" width="130" height="86" alt="A shopper picks up a box of PG Tips tea bags at a Sainsbury's supermarket in London" align="left" title="A shopper picks up a box of PG Tips tea bags at a Sainsbury's supermarket in London" border="0" /></a>By Martinne Geller LONDON (Reuters) - Unilever said it would stick to its emerging markets growth strategy as a fourth-quarter recovery in sales in the region boosted the consumer goods maker's 2013 results and reassured investors who had been worried about consumer demand there. Unilever generates more than half of its sales in emerging and developing markets, so was hurt by economic weakness last year in countries such as Indonesia and the devaluation of currencies including the Brazilian real and Indian rupee. &quot;Make no mistake,&quot; said Chief Executive Officer Paul Polman. Aside from Unilever's own slowing sales, news that rivals L'Oreal and Revlon had pulled some brands out of China amid a slowdown had stoked the market's unease.</p><br clear="all"/>

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