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0.000156494522691675 -0.00031298904538346 -0.000391236306729353 -0.000391236306729353 -0.00031298904538346 -0.00195618153364632 -0.00226917057902978 -0.00289514866979659
Stock impact report

Unilever and Nestlé indicate more price increases may be on way amid market uncertainty [Yahoo! Finance]

Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: Yahoo! Finance
Fernando Fernandez, the new boss of the Marmite, Dove and Domestos owner, Unilever, said the company had “seen some commodity inflation returning” in recent months that could flow through to more price rises. However, Unilever will be “very cautious” in its approach, Fernandez said, with increases the “last resort to which I go. Before that we will try to manage our cost base”. Unilever put up its prices by an average 1.7% in the first three months of this year. The company said prices had fallen in the UK in recent months and were virtually flat in Europe but were up by just over 2% in North America and more than that in Latin America. Fernandez said Unilever was seeing inflation on commodities such as dairy, cocoa and palm oil but its beauty products may also face higher costs on imported packaging and some ingredients because of new tariffs imposed by the Trump administration. The potential rise in costs on its beauty products coincides with slowing sales of premium skincare Show less Read more
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