Unilever: £56,000,000
p. 30 · Read in the full issue
Profit in 1955
r'.E Unilever combine will spend about £U million in Sydney shortly—about £900,000 for an office building and £300,000 for a glycerine recovery plant.
This is pin-money in comparison with the £5O million world programme of expansion which this company of international providers is planning.
However, Unilever can afford it.
Profit for 1955 was £56 million— nearly £l6 million more than in 1954. Turnover was £1,894 million.
There was just one thing though —directors note that the Australian tea business showed disappointing results.
Too bad. Better stick to soap.