The Guardian

Unilever shares jump as it defends price rises despite higher profits

Unilever shares jump as it defends price rises despite higher profits



Owner of Marmite, Dove and Ben & Jerry’s says margins of 19.6% were helped by ‘carry-over pricing’Unilever has defended on-going price rises despite a better-than-expected 17% rise in profits.The owner of Marmite, Dove and Ben & Jerry’s said its profit margins had been helped by “carry-over pricing from a period of higher inflation”, as well as efficiency benefits from selling more products and more premium brands. Continue reading…



Source link : https://www.theguardian.com/business/article/2024/jul/25/unilever-shares-jump-defends-price-rises-profits

Author : Sarah Butler

Publish date : 2024-07-25 12:22:00

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