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        <hl1 id="Headline" class="1" style="Headline" MainHead="true">
          <lang class="3" style="Headline" font="Patrika18" fontStyle="Bold" size="15">Unilever posts rising 2017 profits
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          <lang class="3" style="Byline" font="Patrika18" fontStyle="Bold" size="15">AFP, ne Hague
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      <p style=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Food and consumer products giant Unilever Thursday posted soaring 2017 profits of 6.5 billion euros ($8.05 billion), after a year of "major change" when it spurned a Kraft Heinz takeover bid.
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Net profit leaped 16.9 percent on sales of 53.7 billion euros, up 1.9 percent year-on-year, which chief executive Paul Polman said "demonstrates the progress we have made in transforming Unilever into a more resilient and more agile business'.</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">"We have delivered a good all-round performance with competitive growth,” he said in a statement.</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">The Rotterdam-based Unilever, which employs some 169,000 people around the world, owns more than 400 household brands including Dove, Knorr soups, Lipton, Magnum and Marmite.</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Since rejecting the bid by its US rival Kraft Heinz in February 2017, Unilever has sought to prove to shareholders that it is better off on its own and vowed better profitability.</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">In April, it unveiled a 3.5-billion euro restructuring plan and announced the spinoff of its margarine division, hoping to soothe investors concerns after rejecting the proposed tie-up with Kraft which would have valued the group at $ 143 billion.</lang>
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      <p class=".Bodylaser">
        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">The company said Thursday that after agreeing "to sell our global spreads business ... we expect to exit around the middle of 2018".</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Excluding spreads, sales reached 50.7 billion euros, an increase of 2.2 percent over the previous 12 months.</lang>
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        <lang class="3" style=".Bodylaser" font="Patrika15 Ultra" fontStyle="Bold" size="130">Unilever is listed in both London and on the Amsterdam AEX, an historic status which the company is also reviewing.</lang>
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