Personal care giant Procter & Gamble (P&G) has reported a net profit rise for the full fiscal year 2022, though beauty and grooming dipped in the fourth quarter and challenges remain ahead, according to its CEO.
Consumer goods major Unilever has reported growth in full-year 2021 net sales and net profit, with a strong performance in beauty and personal care, but has said a dramatic rise in input costs remains a considerable challenge.
International personal care major Colgate-Palmolive is continuing to take worldwide pricing action and strengthen innovation and productivity to counter the ongoing cost inflation crisis, its chief financial officer says.
Personal care major Unilever has reported a net sales rise for its third quarter (Q3) of 2021, with strong growth in the Americas and across its prestige beauty division, but the future will prove challenging as price inflation continues.
Personal care giant Colgate-Palmolive has reported a net sales rise for the second quarter (Q2) of fiscal 2021, with a particularly strong performance in Europe, Africa and Eurasia.
Personal care giant Colgate-Palmolive has seen net sales rise for the first quarter (Q1) of 2021, bolstered by a particularly strong surge in APAC, thus continuing its growth trajectory despite ongoing COVID-19-related volatilities.
Lower demand for packaged consumer goods and rising raw material costs have led to large net losses for packaging giant MeadWestvaco (MWV) and chemicals behemoth DuPont.
![Along with continued operational costs and currency challenges will be inflationary pressures facing consumers not seen in the last 40 years over the next fiscal year [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/08/03/procter-gamble-fy2022-q4-results-see-net-profits-rise/15655500-1-eng-GB/Procter-Gamble-FY2022-Q4-results-see-net-profits-rise.jpg)
![Unilever's CEO says that despite a successful year - with the fastest business growth reported in nine years - ongoing input inflation continues to be the company's biggest challenge [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-ceo/13242523-1-eng-GB/Unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-CEO.jpg)
![Colgate-Palmolive, as with many other big beauty players, has rolled out out new pricing strategies worldwide to counter significant cost inflation in commodities and logistics [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/12/23/colgate-palmolive-talks-commodity-and-logistics-cost-inflation-challenges-in-beauty-personal-care/13118987-1-eng-GB/Colgate-Palmolive-talks-commodity-and-logistics-cost-inflation-challenges-in-beauty-personal-care.jpg)
![Unilever is facing ongoing rising raw material costs and raised its pricing across its beauty and personal care division, a move that will be tough for consumers in emerging markets where it plays heavily [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/21/unilever-q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future/12947452-1-eng-GB/Unilever-Q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future.jpg)
![Q2 net sales rose in all regions, except North America, with a strong spike in Europe, Africa and Eurasia [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/08/05/colgate-palmolive-q2-2021-net-sales-rise-fast-despite-covid-19-volatility/12712251-1-eng-GB/Colgate-Palmolive-Q2-2021-net-sales-rise-fast-despite-COVID-19-volatility.jpg)
