Unilever Serves Up 7% Higher Profits ; Cost Savings Pay Off in Association with Business Venture

Daily PostFebruary 08, 2008

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Summary


UNILEVER announced a 7% increase in annual pre-tax profits to pounds 3.87bn yesterday thanks largely to a rise in the prices of their goods.

The company, which owns household brands including Flora, Wall's, Hellmann's and Vaseline, enjoyed a 6.1% rise in sales for the final three months of the year, with almost half of the increase resulting from higher prices.

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Unilever Serves Up 7% Higher Profits ; Cost Savings Pay Off in Association with Business Venture

Unilever said the price hikes were the result of "sharply higher" commodity...

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