Unilever, the world’s second- biggest consumer-goods company, reported the slowest quarterly growth in two years as demand in Europe was held back by weaker consumer confidence and sales of ice cream and spreads faltered.
Devro Plc fell 6.7 percent in six days, trailing a 1.3 percent gain in the FTSE 250 Index, on concern that earnings at Britain’s biggest maker of collagen sausage casings won’t improve much as raw material costs rise.
Reckitt Benckiser Group Plc, the maker of French’s mustard and Nurofen painkillers, reported a 2 percent gain in first-half profit as deteriorating business in southern Europe largely eclipsed growth in emerging markets.
Primark’s newest store in Berlin has been open for less than an hour and already a mannequin’s right hand dangles by a cord, knocked loose in a shopper’s vain struggle to remove its 7-euro ($8.58) denim shorts.
Associated British Foods Plc said an “outstanding” performance from the Primark budget-clothing chain drove business ahead of its expectations in the financial year to date, boosting the shares the most in 18 months.
Simon Property Group Inc. , the largest U.S. mall owner, will end its interest in buying Capital Shopping Centres Group Plc if the U.K. company doesn’t provide information necessary to evaluate a bid. Capital Shopping fell as much as 4.7 percent in London trading.
Greencore Group Plc shares fell the most in 14 months after the Irish company said it supplied beef bolognese sauce that Wal-Mart Stores Inc.’s Asda chain withdrew after traces of horse DNA were found.
Associated British Foods Plc, the U.K. sugar producer that owns Primark clothing stores, said revenue gained 13 percent in its fiscal third quarter on higher retail sales and rising sugar prices in Europe.