business / news / / The Sunday Times
Unilever expects annual cost inflation of between €750 million to €900 million.
Unilever now expects annual cost inflation of €750-900 million, up €350-500 million from forecasts.
KEY POINTS
- Frequent but smaller price hikes will mainly affect Unilever's home care division and emerging markets.
- Unilever affirmed full-year guidance despite projecting further price increases due to Iran war cost pressures.
- Results are the first since Unilever revealed plans to merge its food business with McCormick in a $44.8 billion deal.
COMPANIES
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