Unilever on Tuesday reported better-than-expected underlying quarterly sales growth as the maker of Dove soap and Ben & Jerry's ice cream again raised prices to make up for higher costs.
Dove soaps boxes are seen in this illustration taken on January 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photoon Tuesday reported better-than-expected underlying quarterly sales growth as the maker of Dove soap and Ben & Jerry's ice cream again raised prices to make up for higher costs.
The company said it expects underlying sales growth for the full year to be above 5%, ahead of its multi-year range, with underlying price growth continuing to moderate through the year. Unilever, which in February forecast net material inflation in the first half of 2023 of around 1.5 billion euros, said at the time it would continue to raise prices in the first half of the year and ease up on those hikes in the second half.
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