Unilever's 2016 investor day
Senior management at the consumer goods giant met analysts in north-west England to discuss the company's strategy.
Unilever this week held its annual investor day in Port Sunlight, the village built in the 1880s by one of the companies that were the forerunners of the consumer goods giant and now home to the research and development arm of the group's home and personal care business. However, Unilever's management used the occasion to give an update on the company as a whole, including on its plan to drive improvements in its profitability and on where it sees growth from food. Dean Best reports.
Unilever is focused on preserving the value of its Flora-to-Becel spreads unit and investing the cash from the under-pressure division into other parts of its operations - but will continue to look at options for the business were sales to remain in decline.
Unilever today (30 November) outlined a new target for operating margin, in part driven by plans to widen the company's use of zero-based budgeting.
Unilever CEO Paul Polman left investors with no illusions today (21 July) when he reported the company's second-quarter results: trading is tough and the company expects it to get tougher. As a result, Unilever is "working harder" to drive gains and expand its share. Here is how.
Weak consumer sentiment in some emerging economies and growing demand for value from consumers in developed markets weighed heavy on Unilever's list of first-quarter woes, alongside ongoing challenges in its spreads division. But on an investor call to discuss its sales for the opening months of 2016, the Flora owner highlighted innovation centred around the growing interest in health and wellness and a string of cost-saving initiatives as measures to drive its performance this year.
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