But change had to begin at the top. Listed on both the London and Amsterdam stock exchanges, Unilever used to be run almost by committee, with two joint chairmen, one appointed from Britain and the other from the Netherlands. In February 2005 its management structure was altered: Patrick Cescau, the joint chairman from the British side, became the sole chief executive...
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Nevertheless, under him a more unified company has been taking shape. And it seems all the better for it. In 2006 sales grew by 3.2% to euro39.6 billion ($49.7 billion) with net profits of euro5 billion. The trend is continuing. Analysts estimate that sales rose by more than 5% last year (the company is due to report its annual results on February 7th), which would be Unilever's best performance for years...
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The impact of the current changeover from UK GAAP to IFRS on the performance and financial position of Kingfisher Plc. Other companies and limited liability partnerships in the UK will also be permitted to use IFRS in both their individual and consolidated accounts. It is likely that subsidiaries and associates of listed companies will need to supply consolidation information based on IFRS...	9 / 2454
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