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Great: Eva Longoria eating a Magnum
Unilever bosses hope to continue pleasing investors this week with a closely watched financial update.
Shares of the consumer giant (whose brands include Magnum, Ben & Jerry’s and Hellmann’s mayonnaise) have been trading at near five-year highs.
Chief executive Hein Schumacher intends to spin off the group’s ice cream business and save around £700m with 7,500 job cuts.
Sales are expected to have risen 1.5 per cent to just under £13bn in its third quarter.
And the City will be watching for any signs of a London listing of its ice cream unit, which also owns the Wall’s brand.
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