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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly and Sarah Butler

Marmite and Dove maker’s profits soar on back of price rises

A jar of Marmite yeast extract in a shopping basket
Unilever said operating profits for the first six months had risen by 22%. Photograph: Bloomberg/Getty Images

The maker of Marmite, Dove soap and Ben & Jerry’s ice-cream, Unilever, has reported rising revenues after it increased prices by nearly 10%, even as consumers squeezed by the cost of living crisis bought fewer products.

The FTSE 100 company said its underlying sales rose by 9.1% in the first half of the year compared with a year earlier, in a statement to the stock market on Tuesday. Price rises accounted for the entirety of the growth, with the volume of goods sold globally dropping by 0.2%.

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