Consumer goods giant flags risk of leaving Russia ...News

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Consumer goods giant flags risk of leaving Russia
Unilever was among the first major Western firms to curb operations amid sanctions British multinational consumer goods titan Unilever may have to cease doing business in Russia, the company said in an earnings statement on Thursday. According to the maker of products such as Knorr soups, Dove soap and Fairy washing-up liquid, the move could lead to a loss of turnover, profits, and a write-down of the company’s Russian assets. “We will continue to review and disclose the financial implications from the [Russia-Ukraine] conflict… While the potential impacts remain uncertain, there is a risk that the operations in R

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