The earnings figures showed that while Unilever achieved both underlying sales and volume growth during 2024, net profits were down almost 11% due to spending on its turnaround plans and losses on some disposals.
Unilever said on Thursday that while Amsterdam will have the primary ice cream listing, the demerged stock would also be traded in both London and New York.
Unilever, the London-based consumer goods giant, has revealed it is to demerge its sprawling ice cream business with a primary stock market listing in Amsterdam.
Rachel Reeves was said, by The Times earlier this month, to have met chief executive Hein Schumacher for talks as part of government efforts to revive the City's fortunes following its post-Brexit difficulties in attracting new business in areas such as flotations.
The ice cream business includes five of the world's top ten brands, including Ben & Jerry's, Wall's and Magnum, and generated sales last year of £6.9bn.
