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Unilever's finance chief, Srinivas Phatak, stated cost inflation for the year might reach up to 900 million euros.
Unilever expects its 2024 cost inflation to reach up to 900 million euros.
KEY POINTS
- Strategic price hikes will be phased in gradually in select markets, mainly in late 2024.
- First-quarter sales growth surpassed forecasts due to strength in beauty and home categories.
- Unilever maintains its 2026 financial targets despite elevated market pressures from the Iran war.
COMPANIES
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