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But even with more than a century of experience in some of these countries, Unilever tripped up.
Few companies have had the head start in places like Africa, China, India and Latin America that Unilever enjoyed. Yet despite the Anglo-Dutch giant's formidable range of products and unprecedented depth of local knowledge, when rivals began to push harder its empire came under threat. Unilever was forced to re-examine its legacy and to act on what it found. Now the results are coming through.
Unilever's low point came in September 2004, when its share price slumped after it shocked investors with a profits warning...
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