Unilever profits warning pulls back FTSE

The FTSE 100 Index shrank back from the 4600 barrier today as it failed to recover from the early shock of a profits warning from Unilever.

Unilever profits warning pulls back FTSE
Mon, 20 Sep, 2004 - 18:48

The FTSE 100 Index shrank back from the 4600 barrier today as it failed to recover from the early shock of a profits warning from Unilever.

Traders piled out of drinks groups and consumer products stocks after Unilever said weak sales of ice cream and iced tea had put margins under pressure.

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CourtsBusinessHeathrowPlace: AtlanticPlace: New YorkPlace: LondonPlace: UKOrganisation: UnileverOrganisation: BPOrganisation: ShellOrganisation: Federal ReserveOrganisation: Reckitt BenckiserOrganisation: ReckittOrganisation: Allied DomecqOrganisation: Cadbury SchweppesOrganisation: Imperial TobaccoOrganisation: FootsieOrganisation: Cairn EnergyOrganisation: MorrisonsOrganisation: TescoOrganisation: GWROrganisation: CapitalOrganisation: Warner ChilcottOrganisation: William HillOrganisation: Hilton GroupOrganisation: Smith & NephewOrganisation: Boots GroupOrganisation: ICI
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

Profits rise to €19.8m at Cork-headquartered PFH Technology

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