Unilever Has reported a record increase in the prices of his products in the last third quarter. Specifically, 12,5%. This, has carried him to that the value of his sales have grown because of the increase of the value of his products: 17,8% in sales that translates in 15.8 trillion euros.
The range of 'Beauty & Wellbeing' has grown 6,7%. The underlying sales in the products that include in the range of 'Personal Care' have increased 8.9%, but it is necessary highlight that it has not produced by an increase of the sales, but by the one of prices, to exception of his deodorants, that yes that have seen as they grew the units sold.
"In the south of continuous Asia growing with strength, so much in volume, as in price. The increase of prices in Latin America has grown 23,2% . In China has gone back to perceive this positive growth and in the south-est Asian the number of sales has seen as it grew when relaxing the measures of blockade of the last year that produced in some markets", signal in the press release of Unilever.
The current CEO, Alan Jope has showed satisfied with the results, alleging that the company is adapting to the changing scenario: "Unilever has attained another growth in conditions macroeconomics difficult. The underlying growth of the sales improved to 10,6%, led by new increases in the prices with an impact limited in the volume, and now expect that the underlying growth of the sales for all the year 2022 was upper to the 8 percent. We have grown in each one of our five areas of business. The prices allow us follow promoting a greater investment behind our marks."
It is the same case that Coty Inc. As it has indicated in his press release, Coty has increased his sales, especially in the sector 'beauty' with strong profit margins and warn that this was still in 2023. Once finalised the fiscal year (in September of 2022) Coty Inc has continued offering an upward behaviour in matter of sales.
As it explains 'Global Cosmetics Industry', the CFO of Coty, has explained that the increase of prices that have gone implementing of way subtle to its products prolong during the start of 2023.
In accordance with the financial report issued by part of the company, has an EBITDA from among 955 and 965 million dollars, with a growth from among the 9-11% after having abandoned Russia. One of the key aspect that signals the company to the hour to allow this growth have been the scents 'Gucci Flora Gorgeus Jasmine' and 'Burberry Hero EDP'. In matter of skincare, Lancaster has grown 20% compared with the same period of the past year.
Definitely, in the division in which Coty Inc., has seen the big reflection of his increase has been in 'Beauty Division' that has grown 5% and has reported 12% in LFL.
The CEO of Coty Inc. It has explained that: "The big results attained in the Q1 confirms the capacity of resilience of the marks, teams, operational model and strategy of Coty. The progress that continue is key for all the KPIs financial, from the sales until the gross margins and the EBITDA that adjusts to our progress of deleveraging. We offer a robust growth in all the regions and categories. In Consumer Beauty, have continued the impulse, with the tenth consecutive month of gains in actions." It signalled Sue And. Nabi.