European Consumer Staples Strive to Keep Volumes While Raising Prices
Dow Jones10-14
0845 GMT - The big question around European consumer staples during third-quarter results is whether companies can maintain volume momentum while raising prices, analysts at Barclays sayin a note. Across food and personal care, the analysts say they have increased third-quarter growth assumptions by around 30 basis points on average. The largest upward revisions in price growth have been Henkel, Magnum Ice Cream and Danone. L'Oreal, Unilever and Magnum Ice Cream will likely be the strongest examples of balanced growth in the sector, they add.
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