Magnum and Marmite owner Unilever warns of even more price rises
by Sarah Butler from on (#655ZB)
Group reports 10% growth in sales revenue driven by highest price rises in its history
The owner of Marmite, Hellmann's, Magnum and Ben & Jerry's ice-cream has warned of further price rises after commodity, labour and energy costs resulted in the biggest quarterly increases in its history.
Unilever said sales revenue rose 10.6% in the three months to September, driven by a 12.5% jump in prices, while the volume of goods sold decreased by 1.6%.
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