Unilever aims to keep investors entertained with financial updates

Unilever bosses hope to remain in the good graces of investors this week with a closely watched financial update.

Shares of the consumer giant – whose brands include Magnum, Ben & Jerry’s and Hellmann’s mayonnaise – are trading at near five-year highs.

CEO Hein Schumacher plans to spin off the group’s ice cream business, saving around £700 million with 7,500 job cuts.

Sales are expected to rise 1.5 percent in the third quarter to just under £13 billion.

And the city will be alert to any indications of a London stock exchange listing for its ice cream division, which also owns the Wall’s brand.