Unilever shares slip in London as Reuters flags India slowdown ahead of earnings
Unilever shares fell 0.22% to 4,760 pence in early London trading Tuesday. A Reuters column flagged weakening pricing power for Unilever and Nestlé in India, where local brands and delivery apps are eroding margins. Investors await Unilever’s Feb. 12 earnings for updates on growth and pricing. The company recently spun off its ice cream division as The Magnum Ice Cream Company.