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Fortune
Fortune
Ryan Hogg

Unilever lauds ‘carry-over pricing’ from historic inflation for $6.4 billion profits

A man buys Ben & Jerry's ice cream in Jerusalem on July 20, 2021. (Credit: AHMAD GHARABLI/AFP via Getty Images)

Ben & Jerry’s and Dove owner Unilever says it is starting to see “negative pricing” across some of its developing markets, but shoppers in Europe are continuing to bear the weight of the group’s inflationary pressures. 

Unilever registered €5.9 billion ($6.4 billion) in operating profits for the first half of 2024, a 7.8% jump from the same period last year. The consumer goods giant also increased its margin to 19.1%.

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