Unilever shares jump as it defends price rises despite higher profits
Briefly

Shares rose 6% as Unilever reported a 17% profit increase, with profit margins at 19.6% from a 2.5 point rise, attributing it to higher prices and efficient selling.
Unilever CEO mentioned not passing all inflation costs to consumers, leading to strong profits despite challenges like US beauty market slowdown and slow ice-cream sales in Europe and China.
Read at www.theguardian.com
[
]
[
|
]