While the company’s volume growth recovered a bit, the shift change in profitability can propel earnings growth by much more in the coming quarters if sales growth continues to improve. What of value sales growth? That is good because it implies price and product mix changes contributed significantly to sales growth. HUL’s September quarter numbers indicate it is on strong ground as far as margins are concerned and its sales growth should get better. A gradual return to normalcy in the wholesale trade and CSD sales should also see volume growth improve.

Source: Mint October 26, 2017 01:41 UTC