We are meeting the milestones set by our Path to Growth strategy with continuing momentum in the growth of the leading brands and a further expansion of operating margin.
FINANCIAL HIGHLIGHTS

                Constant exchange rates (2000 average)

Second Quarter 2001         EUR  Millions               Half Year 2001
-------------------                                   ----------------
13,694      +15%   Total Turnover *                     26,433   +17 %
 1,791      +35%   Total Operating profit * - beia **    3,372   +35 %
 1,514      +54%   Pre-tax profit                        2,142    +7 %
   900      +52%   Net profit                            1,154    (7)%
   841       +8%   Net profit - beia **                  1,543    +2 %


                   Per NV share (Fl. 1.12), Euro
                   -----------------------------
  0.90      +53%   Earnings per share (EPS)               1.15    (7)%
  0.84       +8%   EPS (beia) **                          1.54    +2 %


                   Per PLC share (1.4p), Euro cent
                   -------------------------------
 13.53      +53%   EPS                                   17.19    (7)%
 12.64       +8%   EPS (beia) **                         23.12    +2 %

*   Includes our share of Joint Ventures

**  before exceptional items and amortization of goodwill and
    intangibles

When expressed in current rates of exchange, earnings per share (beia)
were up 7% for the quarter and 1% for the half year. Earnings per
share rose by 48% in the quarter but declined by 10% for the half
year.

KEY FEATURES FOR THE QUARTER AND THE HALF YEAR

  • Sales growth of the leading brands reached 4.8% for the last twelve months, excluding acquisitions, with 5.1% in the quarter.
  • Operating profit (beia), boosted by acquisitions, was ahead by EUR 464 million in the quarter and operating margin (beia) rose by 200 basis points in the quarter to 13.1% and by 170 basis points to 12.8% for the half year.
  • Savings from restructuring, global buying and Bestfoods integration are fully on track.
  • EPS (beia) advanced by 8% in the quarter and by 2% for the half year.
  • Cashflow from operations was EUR 3.2 billion for the half year, which was further boosted by EUR 1.3 billion from disposals.
  • Profit before tax and EPS includes a profit on the sale of businesses partly offset by planned restructuring costs.

CHAIRMEN'S COMMENT & OUTLOOK

"Our business continues to perform soundly. In Home and Personal Care we have seen broad based and sustained growth of both sales and operating margin.

"In Foods the integration of our acquisitions is proceeding to plan and we already see the benefit of synergy and portfolio change in the margin structure. Delivery of the cost synergy from the Bestfoods integration is fully on track. As to be expected, the focus on fast integration in Foods has restrained the growth of certain Bestfoods brands in the short term.

"Following the Bestfoods acquisition we have completed the planned review of our brand portfolio. Combining our existing brands with recent acquisitions, including Bestfoods, Slim-Fast, Amora Maille and Ben & Jerry's, we have a larger, more powerful portfolio of leading brands.

"Economies are slowing in many regions. However, our work on portfolio focus and restructuring strengthens our capacity to cope with difficult conditions. Looking forward to the full year we confirm the guidance previously given for EPS (beia) growth in low double digits, and continuing progress for the leading brands."

    N.W.A. FitzGerald
    Chairman, Unilever PLC

A. Burgmans

Chairman, Unilever N.V.

UNILEVER BACKGROUND: Unilever is one of the world's largest consumer products companies with annual sales of approximately $44 billion in 2000. It produces and markets a wide range of foods and home and personal care products. Unilever operates in 88 countries around the globe and employs approximately 300,000 people. In the United States, Unilever sales were approximately $11 billion in 2000. It employs some 28,000 people and has 80 offices and manufacturing sites in 26 states.

The business comprises: Unilever Bestfoods - North America: Lipton teas, recipe products and side dishes; Wish-Bone salad dressings; Lawry's seasonings; Country Crock and "I Can't Believe It's Not Butter!" spreads; Ragu pasta sauces; Knorr soups, sauces and bouillons; Hellmann's mayonnaise; Skippy peanut butter; Bertolli olive oil; Good-Humor, Breyers and Ben & Jerry's ice cream; and Slim-Fast nutritional and health snack products. Unilever Home and Personal Care - North America: Wisk, "all" and Surf laundry detergents; Snuggle fabric softener; Sunlight dish detergents; Lever 2000, Caress, Dove, Degree, Pond's and Vaseline skin care, deodorant and soap products; Q-tips cotton swabs; Mentadent oral care products; Finesse, Salon Selectives, Suave and ThermaSilk hair care products; and Calvin Klein, Nautica and Lagerfeld cosmetic and fragrance products. In addition, DiverseyLever, a global professional cleaning business, operates in North America, supplying professional cleaning materials and services to institutional and industrial markets.

SECOND QUARTER AND HALF YEAR FINANCIAL RESULTS (at constant rates of exchange)

Operating profit, before exceptional items and amortization of goodwill and intangibles (beia), increased by 35% for the quarter and for the half year. Operating margin (beia) was 13.1% in the quarter, an increase of 200 basis points, and was 12.8% for the half year, an increase of 170 basis points.

Exceptional items for the quarter were positive by EUR 484 million after a pre-tax profit of EUR 813 million arising from the sale of the brands to secure regulatory approval of our acquisition of Bestfoods. Exceptional items in the quarter relating to the Path to Growth program and Bestfoods integration were EUR 329 million negative, giving a total cost for the half year of EUR 485 million. Associated costs were EUR 114 million in the quarter and EUR 184 million in the half year.

Amortization of goodwill and intangibles was EUR 350 million in the quarter with EUR 296 million related to the acquisition of Bestfoods. For the half year these were EUR 713 million and EUR 593 million, respectively.

Net interest was EUR 409 million for the quarter, an increase of EUR 354 million over last year reflecting the increased level of borrowings to fund acquisitions, partly offset by cash flow from operations and the proceeds of our disposal program.

The effective tax rate for the quarter was 35%. This is lower than the rate from the first quarter because the increase arising from the non-deductibility of Bestfoods goodwill amortization has been offset by the lower tax rate on the sale of brands. The underlying tax rate for normal trading operations is 34%.

Minority interests reflect higher net profit primarily in India in both the quarter and half year.

Net profit for the quarter rose by EUR 306 million, or by 52%, with the profit on the sale of businesses partly offset by planned restructuring charges. In the half year net profit fell by 7% reflecting restructuring costs, amortization of goodwill and interest payable relating to the acquisitions completed last year.

Earnings per share (beia) rose by 8% in the quarter and by 2% for the half year. Earnings per share rose by 53% in the quarter but fell by 7% in the half year reflecting the movements described earlier.

SECOND QUARTER PERFORMANCE BY REGION (at constant rates of exchange)

The following commentary is based on operating profit before exceptional items and amortization of goodwill and intangibles.

EUROPE: Margin progress reflects benefits from Path to Growth

Sales were ahead by 6% including the net effect of acquisitions, principally Amora Maille and Bestfoods, and the disposals of European Bakery and Elizabeth Arden. Underlying sales growth was 1% which reflected 4% growth across Home and Personal Care and our Foods portfolio offset by lower sales in Ice Cream.

In Western Europe Foods underlying sales growth was driven by Spreads and Cooking products which achieved 6% through the success of the pro-activ launch, the extension of new spreads including Bertolli, the launch of Culinesse - a novel cooking margarine and good growth in Olive Oil. Frozen Foods grew 2.5% through the roll out of 4 Salti in Padella, our high quality ready meals.

The growth of Slim-Fast was excellent with sales more than doubling compared to last year following a successful launch in the U.K.

Ice Cream results were disappointing with sales down by 9%. This is partly due to poor weather, which also affected ready-to-drink tea, and shedding of tail brands. We are investing heavily in out of home segments such as artisanal and scooping under the Carte d'Or brand. Cornetto soft ice is also growing fast.

Sales growth in the Laundry category was 3.5%, driven by innovation in convenient and easy-to-use laundry capsules, share gains in tablets and new products to make ironing easier.

In our Household Care business sales growth of over 6% has been achieved through Domestos Oxygel and easy-to-use wipes in both Domestos and Cif.

Personal Care sales growth of 4% has come from the continued extension of Dove, and the 12% growth in Oral Care due to strong sales of electric toothbrushes and chewing gum.

In Central and Eastern Europe sales grew by 8% with excellent progress in Spreads, Tea and across all Personal Care categories.

Operating margin for the quarter is ahead by 130 basis points reflecting a strong turnaround in Central and Eastern Europe, the benefits of restructuring and global buying and the contribution from portfolio changes and improved mix.

NORTH AMERICA: Solid sales growth in Home and Personal Care supplemented by acquisitions in Foods. Operating margin moves well up.

Sales grew by 26%. Underlying sales growth was just over 3%.

In Home and Personal Care we saw good underlying sales growth of 4%. Strong growth was recorded across our key personal care categories. In Skincare growth of 6% has been driven by the further expansion of the Dove franchise, a strong performance of the Suave range, and Lever 2000 anti-bacterial wipes. In Hair, sales growth of 17% is driven by the strong performance of Suave and Thermasilk, the latter following its relaunch in the first quarter. In Laundry, previously announced pricing actions were retained despite pricing rollback actions taken by our major competitor. As a result, we traded off some volume to protect profitability.

In Foods, sales grew 3% in both Ice Cream and Culinary products. Tea sales fell because of negative pricing action in response to competitors. Slim-Fast continued its rapid growth with sales up by over 20%.

Operating margin has moved ahead by 300 basis points, reflecting restructuring, portfolio change and improved mix.

AFRICA, MIDDLE EAST AND TURKEY: Good sales growth across the region.

Sales grew by 13%. Underlying sales growth was over 7% with three percentage points coming from price, half of which was derived from Turkey.

Sales have been strong across all key categories. Operating margins are 150 basis points higher due to the benefits of restructuring, portfolio change and improved mix.

ASIA AND PACIFIC: Continuing delivery of strong sales, and profit growth, despite weaker economies.

Asia and Pacific has continued to perform strongly. Underlying sales growth is 7%.

In East Asia Pacific, with a slowdown in some key economies, we continued to see strong sales growth. In Japan the growth was driven by Ready-to-Drink tea following the formation of the alliance with Suntory and by both Lux Super Rich and mods in Hair. In Southeast Asia we had broad based growth particularly in Skin Care across the region and Surf in Indonesia.

In India underlying sales grew by 3.5% with high single digit growth in Home and Personal Care being partly offset by a decline in Foods which was due to lower sales of Tea. The key drivers for growth in Home and Personal Care were hair, laundry, skin care following the re-launch of Fair & Lovely and the continued success of Vim in household care. In Tea the lower sales reflect a decline in tail brands as we focus our brand portfolio and strong price competition from local operators, however, profitability has improved significantly reflecting a major restructuring of the business.

Operating margin is 320 basis points up on last year primarily through operational leverage.

LATIN AMERICA: Good underlying sales growth in difficult economic conditions.

Sales in the quarter have moved ahead by 38% including acquisitions. Underlying sales growth was over 5% coming equally from volume and price.

Laundry sales were particularly strong and Deodorants and Hair also grew strongly. Sedal shampoo in Mexico continues to make excellent progress.

In Foods we had good underlying growth across all categories, recovering from a weak quarter last year. Sales are further boosted by acquisition, strengthening both portfolio and distribution.

Ice cream sales were up 13%, with particularly strong growth in Mexico.

Operating margins have moved ahead by 160 basis points reflecting the benefits of price recovery, our cost effectiveness programs, and portfolio change.

CASH FLOW / BALANCE SHEET

Cash flow from operations for the half year of EUR 3.2 billion was EUR 0.3 billion above the corresponding period last year. This was driven by strong underlying earnings and the contribution from acquisitions partly offset by higher seasonal working capital outflows in Foods.

Returns on investment and servicing of finance reflect higher interest costs as a result of the funding of acquisitions.

Capital expenditure and financial investments are higher and include larger purchases of own shares to cover the broadening of the share option scheme in support of the development of an enterprise culture.

Net proceeds from disposals include EUR 0.2 billion from the sale of Elizabeth Arden and EUR 1.0 billion for the sale of brands to Campbells.

Net debt has increased by EUR 1.1 billion since December 31 reflecting a large currency retranslation of primarily dollar denominated debt of EUR 1.4 billion offset by cash generation and other non-cash movements.

Goodwill and intangibles have increased by EUR 0.6 billion comprising a currency retranslation gain of EUR 1.3 billion less amortization for the half year of EUR 0.7 billion.

Capital and reserves increased by EUR 0.2 billion. Net profit of EUR 1.1 billion is reduced by a negative currency retranslation of EUR 0.5 billion and by purchases of own shares of EUR 0.4 billion.

EURO REPORTING

Information in sterling and U.S. dollars is available as a supplement to this Euro report.

SAFE HARBOUR STATEMENT: This announcement may contain forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act 1995). Any forward-looking statements are based on current expectations with respect to important risk factors. It is important to note that the actual results could materially differ from the results anticipated in any forward-looking statements which may be contained in this announcement. Factors which might cause forward-looking statements to differ materially from actual results include, among other things, the overall economic, political, social and business conditions, the demand for our goods and services, competition in the market, fluctuations in interest rates and foreign currencies, the impact and other uncertainties of future acquisitions and disposals and any changes in the tax laws and other legislation and regulation, in the jurisdictions in which we operate.

We do not undertake any obligation to update any forward-looking statements contained in or incorporated in this announcement to reflect actual results, changes in assumptions or in other factors which may affect any forward-looking statements.

    CONSOLIDATED PROFIT AND LOSS ACCOUNT - CONSTANT EXCHANGE RATES
                              (unaudited)

    In the profit and loss account given below, the results in both
years have been translated at constant exchange rates, being the
annual average exchange rates for 2000. This reporting convention
facilitates comparisons since the impact of exchange rate fluctuations
is eliminated.

                             EUR Millions
          Second Quarter     - constant        Half Year
          --------------                       ---------
  2001    2000 % Incr./                        2001     2000    % Incr
  ----    ---- --------                        ----     ----    ------
                (Decr.)                                        /(Decr.)
                -------                                       --------

 13,694 11,922   15 %   TOTAL TURNOVER       26,433   22,512      17 %
   (173)   (98)          Less: Share of
                          turnover of
                          joint ventures       (329)    (169)

13,521 11,824   14 %   GROUP TURNOVER       2 6,104   22,343      17 %

  1,907  1,027   86 %   GROUP OPERATING
                         PROFIT               2,952    2,065      43 %

  1,764  1,317   34 %   Group operating
                         profit beia *        3,319    2,482      34 %
    484  (277)          Exceptional
                         items                  328     (395)
  (341)   (13)          Amortization
                         of goodwill
                          and intangibles      (695)     (22)

     18     10          Add: Share of
                          operating
                           profit of
                            joint
                             ventures            35       22

  1,925  1,037   85 %   TOTAL OPERATING       2,987    2,087      43 %
                         PROFIT

  1,791  1,327   35 %   Operating Profit     3,372    2,504      35 %
                         beia *
    484  (277)          Exceptional items       328     (395)

  (350)   (13)          Amortization of        (713)     (22)
                         goodwill and
                          intangibles
    (2)      1          Other income from         4        2
                         fixed investments

  (409)   (55)          Interest               (849)     (90)

  1,514    983   54 %   PROFIT BEFORE         2,142    1,999       7 %
                         TAXATION

  (533)  (343)          Taxation               (853)    (666)

    981    640   53 %   PROFIT AFTER          1,289    1,333      (3)%
                         TAXATION

   (81)   (46)          Minority Interests     (135)     (90)

                         NET PROFIT AT
                         CONSTANT 2000
                          EXCHANGE
    900    594   52 %      RATES              1,154    1,243      (7)%

                         Net Profit before
                         exceptional items
                          & amortization
                            of goodwill
                           and intangibles
     841    782    8 %     (Constant rates)   1,543    1,515       2 %

                           NET PROFIT AT
                           EXCHANGE RATES
                          CURRENT IN EACH
    871    592   47 %       PERIOD            1,115    1,235     (10)%

                        Net Profit before
                         exceptional items
                           & amortization
                            of goodwill
                          and intangibles
    829    779    6 %    (Current rates)      1,513    1,502       1 %

                        COMBINED EARNINGS
                          PER SHARE
                        (Current rates)
                          - per Fl. 1.12
                        ordinary share
  0.88   0.59   48 %        (Euros)            1.11     1.23     (10)%

                          - per Fl. 1.12
                           ordinary share
                            - diluted
  0.85   0.58   48 %          (Euros)         1.08     1.20     (10)%

                        - per 1.4p ordinary
                            share
 13.10   8.83   48 %        (Euro cents)      16.61    18.41     (10)%

                       - per 1.4p ordinary
                            share
                          - diluted
 12.74   8.62   48 %       (Euro cents)       16.16    17.96     (10)%

    * beia means before exceptional items and amortization of goodwill
and intangibles.

STATEMENT OF TOTAL RECOGNIZED GAINS AND LOSSES (unaudited)

EUR Millions                                            Half Year
                                                        ---------

                                                        2001      2000
                                                        ----      ----

Net profit                                             1,115     1,235

Currency retranslation                                  (537)       63

Total recognized gains /
 (losses) since last
  annual accounts                                        578     1,298


SUMMARY BALANCE SHEET (unaudited)

EUR Millions
                        As at 30th        As at 31st         As at 1st
                              June          December              July
                              2001              2000              2000
                            ------            ------              ----
Goodwill and
 intangibles                27,027            26,467             4,138
Acquired businesses
 held for resale             1,820             1,666                 -
Fixed assets                10,998            10,996             9,282
Stocks                       6,040             5,421             5,034
Debtors                     10,734             9,817             9,216
Cash and
 current
  investments                3,492             3,273             6,064
Trade & other
 creditors                 (12,913)          (12,708)          (10,260)
                          -----------   -------------     ------------
                            47,198            44,932            23,474

Borrowings                  31,084            29,741             8,854
Provisions for
 liabilities
  and charges                7,068             6,404             5,178
Minority interests             656               618               606
Capital and reserves         8,390             8,169             8,836
                          ---------     --------------    ------------
                            47,198            44,932            23,474

CASH FLOW STATEMENT (unaudited)

EUR Millions                                      Half Year
                                                  ---------
                                                2001              2000
                                               -----              ----
Cash flow from
 operating activities                          3,226              2914
Dividends from joint ventures                     15                 5
Returns on investments and
 servicing of finance                         (1,036)             (266)
Taxation                                        (638)             (698)
Capital expenditure and
 financial investment                           (948)             (692)
Acquisitions and disposals                     1,277            (3,739)
Dividends paid on ordinary
 share capital                                  (926)             (888)
CASH INFLOW / (OUTFLOW) BEFORE
 MANAGEMENT OF LIQUID RESOURCES AND
  FINANCING                                      970            (3,364)
Management of liquid resources                  (443)              132
Financing                                       (591)            4,592
INCREASE / (DECREASE) IN
 CASH IN THE PERIOD                              (64)            1,360

RECONCILIATION OF CASH FLOW TO
 MOVEMENT IN NET FUNDS/(DEBT)
NET FUNDS / (DEBT) AT JANUARY 1              (26,468)              684
INCREASE / (DECREASE) IN CASH
 IN THE PERIOD                                   (64)            1,360
Cash flow from (increase)/
 decrease in borrowings                          581            (4,601)
Cash flow from increase/
 (decrease) in liquid resources                  443              (132)
Change in net funds /
 (debt) resulting from cash flows                960            (3,373)
Borrowings within group companies
 acquired                                          -               (90)
Borrowings within group
 companies sold                                    1                 -
Liquid resources within
 group companies acquired                          -                 8
Liquid resources within group
 companies sold                                    -                 -
Non cash movements                              (695)              199
Currency retranslation                        (1,390)             (218)

MOVEMENT IN NET FUNDS /
 (DEBT) IN THE PERIOD                         (1,124)           (3,474)
NET FUNDS / (DEBT) AT HALF YEAR              (27,592)           (2,790)


GEOGRAPHICAL ANALYSIS (CONSTANT)

  Second Quarter       EUR Millions                     Half Year

                % Incr./                                      % Incr./
  2001    2000  (Decr.)                          2001    2000  (Decr.)

13,694  11,922  15%    TOTAL TURNOVER            26,433  22,512  17%

 5,306   4,993   6%    Europe                    10,097   9,212  10%
 3,506   2,788  26%    North America              6,772   5,278  28%
                       Africa, Middle East
   985     873  13%     and Turkey                1,840   1,630  13%
 2,161   2,008   8%    Asia and Pacific           4,223   3,920   8%
 1,736   1,260  38%    Latin America              3,501   2,472  42%

                       TOTAL OPERATING PROFIT -
                        before exceptional items
                        and amortization of
                        goodwill and
 1,791   1,327  35%     intangibles               3,372   2,504  35%

   801     690  16%    Europe                     1,408   1,195  18%
   453     276  64%    North America                814     502  62%
                       Africa, Middle East
   110      85  30%     and Turkey                  194     138  40%
   252     168  49%    Asia and Pacific             535     431  24%
   175     108  64%    Latin America                421     238  78%

                       TOTAL OPERATING MARGIN -
                        before exceptional items
                        and amortization of
                        goodwill and
 13.1%   11.1%          intangibles               12.8%   11.1%

 15.1%   13.8%         Europe                     13.9%   13.0%
 12.9%    9.9%         North America              12.0%    9.5%
                       Africa, Middle East
 11.2%    9.7%          and Turkey                10.5%    8.5%
 11.6%    8.4%         Asia and Pacific           12.7%   11.0%
 10.1%    8.5%         Latin America              12.0%    9.6%

OPERATIONAL ANALYSIS (CONSTANT)

   Second Quarter     EUR Millions                     Half Year

                 %                                                %
                Incr./                                          Incr./
  2001    2000 (Decr.)                           2001    2000  (Decr.)


13,694  11,922   15%    TOTAL TURNOVER           26,433  22,512   17%

 7,644   6,084   26%    Foods                    14,606  11,115   31%

                         Oil and dairy based
 2,163   1,859   16%      foods and bakery        4,291   3,598   19%
 2,468   2,497   (1)%    Ice cream and beverages  4,135   4,064    2%
                         Culinary and frozen
 3,013   1,728   74%      products                6,180   3,453   79%

                        Home Care and
 2,739   2,577    6%     Professional Cleaning    5,421   5,030    8%
 3,151   3,039    4%    Personal Care             6,097   5,941    3%
   160     222  (28)%   Other Operations            309     426  (27)%

                       TOTAL OPERATING PROFIT -
                        before exceptional
                        items and amortization
                        of goodwill and
 1,791   1,327   35%    intangibles               3,372   2,504   35%

 1,105     804   37%    Foods                     1,900   1,237   53%

                         Oil and dairy based
   297     236   25%      foods and bakery          592     446   32%
   349     371   (6)%    Ice cream and beverages    440     445   (1)%
                         Culinary and frozen
   459     197  133%      products                  868     346  152%

                        Home Care and
   188     176    7%     Professional Cleaning      436     425    3%
   478     345   39%    Personal Care             1,006     835   21%
    20       2    -%    Other Operations             30       7  427%


                        TOTAL OPERATING MARGIN -
                         before exceptional items
                         and amortization of
                         goodwill and
  13.1%   11.1%          intangibles               12.8%   11.1%

  14.5%   13.2%         Foods                      13.0%   11.1%

                       Oil and dairy based
  13.7%   12.8%         foods and bakery           13.8%   12.5%
  14.2%   14.9%        Ice cream and beverages     10.7%   11.0%
                       Culinary and frozen
  15.2%   11.4%         products                   14.0%   10.0%

                       Home Care and
   6.9%    6.8%         Professional Cleaning       8.0%    8.5%
  15.2%   11.3%        Personal Care               16.5%   14.0%
  12.1%    0.3%        Other Operations             9.6%    1.3%


NOTES

Exchange Rates

The results for 2001 and the comparative figures for 2000 have been translated at constant average rates of exchange, being the annual average rates for 2000. For our reporting currencies these were EUR1 = (pound)0.61 = U.S. $0.92. In addition, the results, earnings per share and cash flow statement have been translated at rates current in each period. For our reporting currencies these were:

Second Quarter Half Year

2001 EUR1 =(pound)0.61 = U.S. $0.89 EUR1 =(pound)0.62 = U.S. $0.90 2000 EUR1 =(pound)0.61 = U.S. $0.93 EUR1 =(pound)0.61 = U.S. $0.96

The balance sheet figures have been translated at period-end rates of exchange. For our reporting currencies these were EUR1 =(pound)0.60 = U.S. $0.85 at the half year (December 31, 2000: EUR1 =(pound)0.62 = U.S. $0.93).

Current Rates of Exchange

For the half year in current rates of exchange: Total turnover is EUR26,028 million (18% increase); Operating profit beia is EUR3,314 million (34% increase); Operating profit is EUR2,915 million (41% increase); Interest is a charge of EUR846 million (compared with a charge of EUR82 million last year); Pre-tax profit is EUR2,074 million (4% increase); Net profit is EUR1,115 million (10% decrease); Net profit beia is EUR1,513 million (1% increase); Earnings per share beia is EUR1.51 per N.V. share (1% increase); Earnings per share is EUR1.11 per N.V. share (10% decrease).

Acquisitions

In the first half year 2001 the effect on turnover and operating profit of acquisitions made in the period was not material.

Disposals

Following the approval of the European Commission, the sale of several of our European dry soups and sauces businesses was completed on May 4 to the Campbell Soup Company for a debt free price of E1 billion. The agreement to sell these businesses, as a result of undertakings given to the European Commission in connection with Unilever's acquisition of Bestfoods last year, was announced on January 29. Annual sales of these businesses totalled approximately EUR435 million.

On May 31, we announced plans to sell a number of North American food brands and related assets from the Bestfoods portfolio, primarily cooking oil products, corn starches, commodity oils and syrups. Also included in the sale are the Rit dye and Niagara starch fabric care brands. In total these brands had combined annual sales approaching U.S. $400 million in 2000.

On June 19, we announced plans to sell Unipath Limited, our women's health diagnostics subsidiary as we continue to focus resource behind selected consumer brands in our 'Path to Growth' strategy.

On June 27 we announced plans to sell two of our edible oil refineries in the Netherlands and Germany. These businesses together have annual third party sales of EUR170 million.

On July 31 we announced the completion of the sale of the Bestfoods Bakery Company to George Weston Limited for U.S. $1.77 billion.

Acquired businesses held for resale

A number of Bestfoods businesses are expected to be sold within a year from their purchase. The assets and liabilities of those businesses, after adjustment to their estimated net proceeds of sale, have been included within 'Acquired businesses held for resale'. The results of these businesses for the period are not included in the Profit & Loss Account.

Reporting of total turnover and total operating profit

The term 'Total' means Group (turnover and operating profit) plus our share of the joint ventures (turnover and operating profit) net of our share of any sales to the joint ventures already included in the Group figures.

Combined earnings per share

The combined earnings per share calculations are based on the average number of share units representing the combined ordinary shares of NV and PLC in issue during the period, less the average number of shares held to meet options granted under various employee share plans.

The number of combined share units is calculated from the underlying N.V. and PLC shares using the exchange rate of (pound)1 = Fl. 12, in accordance with the Equalization Agreement.

The diluted earnings per share are based on the average number of share units, plus all shares under option, together with certain PLC shares which may be issued in 2038 under the arrangements for the variation of the Leverhulme Trust. The number of shares is reduced, in accordance with FRS 14, by the number of shares that could be purchased at fair value with the expected proceeds from the exercise of options by employees.

Earnings per share in Euro

                            Constant rates          Current rates
                           2001        2000        2001       2000
                                    Thousands of units

Average number of
 combined share
 units of Fl. 1.12        984,039     990,565     984,039     990,565
Average number of
 combined share
 units of 1.4p          6,560,258   6,603,765   6,560,258   6,603,765

COMBINED EPS

Net profit                  1,154       1,243       1,115       1,235
Less: Preference dividends     26          19          26          19
Net profit attributable
 to ordinary capital        1,128       1,224       1,089       1,216

Combined EPS per
 Fl. 1.12 (Euros)            1.15        1.24        1.11        1.23

Combined EPS per
 1.4p (Euro cents)          17.19       18.53       16.61       18.41

COMBINED EPS - BEIA

Net profit                  1,154       1,243       1,115       1,235
Add back exceptional
 items net of tax            (297)        253        (285)        249
Add back amortization of
 goodwill / intangibles
 net of tax                   689          19         686          18
Add back exceptional items
 in minority interests
 net of tax                    (3)          -          (3)          -
Net profit beia             1,543       1,515       1,513       1,502
Less: Preference dividends     26          19          26          19
Net profit attributable to
 ordinary capital - beia    1,517       1,496       1,487       1,483

Combined EPS beia per
 Fl. 1.12 (Euros)            1.54        1.51        1.51        1.50

Combined EPS beia per
 1.4p (Euro cents)          23.12       22.65       22.66       22.45


COMBINED EPS - Diluted

                                    Thousands of units
Adjusted average combined
 share units of
 Fl. 1.12               1,011,220   1,015,621   1,011,220   1,015,621
Adjusted average combined
 share units of 1.4p    6,741,465   6,770,805   6,741,465   6,770,805

Net profit attributable
 to ordinary capital        1,128       1,224       1,089       1,216

Combined diluted EPS
 per Fl. 1.12 (Euros)        1.12        1.20        1.08        1.20

Combined diluted EPS
 per 1.4p (Euro cents)      16.73       18.07       16.16       17.96

Dates

The results for the third quarter and announcement of interim
dividends will be published on Friday, November 2, 2001.

Internet: http://www.unilever.com

                CONSOLIDATED PROFIT AND LOSS ACCOUNT -
                  CONSTANT EXCHANGE RATES (unaudited)

In the profit and loss account given below, the results in both years
have been translated at constant exchange rates, being the annual
average exchange rates for 2000. This reporting convention facilitates
comparisons since the impact of exchange rate fluctuations is
eliminated.

     Second Quarter      U.S. $ Millions - constant   Half Year
 2001       2000 % Incr./                         2001    2000  % Incr
                  (Decr.)                                      /(Decr.)

12,608    10,977  15 %   TOTAL TURNOVER          24,337  20,727   17 %

                         Less: Share of turnover
  (159)      (91)         of joint ventures        (303)   (156)

12,449    10,886  14 %   GROUP TURNOVER          24,034  20,571   17 %

 1,754       945  86 %   GROUP OPERATING PROFIT   2,716   1,901   43 %

                         Group operating
 1,624     1,211  34 %    profit beia *           3,055   2,285   34 %
   445      (255)        Exceptional items          301    (364)

                         Amortization of goodwill
  (315)      (11)         and intangibles          (640)    (20)

                         Add: Share of operating
    16        10          profit of joint ventures   32      21

 1,770       955  85 %   TOTAL OPERATING PROFIT   2,748   1,922   43 %

 1,649     1,221  35 %   Operating Profit BEIA *  3,105   2,306   35 %
   445      (255)        Exceptional items          301    (364)

                         Amortization of goodwill
  (324)      (11)         and intangibles          (658)    (20)

                         Other income from
     -         1          fixed investments           5       2

  (377)      (50)        Interest                  (782)    (83)

 1,393       906  54 %   PROFIT BEFORE TAXATION   1,971   1,841    7 %

  (490)     (317)        Taxation                  (785)   (614)

   903       589  53 %   PROFIT AFTER TAXATION    1,186   1,227   (3)%

   (74)      (43)        Minority Interests        (124)    (83)

                         NET PROFIT AT CONSTANT
   829       546  52 %    2000 EXCHANGE RATES     1,062   1,144   (7)%

                         Net Profit before
                          exceptional items &
                          amortization of goodwill
                          and intangibles
   774       719   8 %    (Constant rates)        1,420   1,394    2 %

                         NET PROFIT AT EXCHANGE RATES
   775       551  40 %    CURRENT IN EACH PERIOD    999   1,182  (16)%

                         Net Profit before exceptional
                          items & amortization of
                          goodwill and intangibles
   725       727   - %    (Current rates)         1,355   1,437   (6)%


    $         $          COMBINED EARNINGS PER SHARE  $      $
                          (Current rates)
                         - per Fl. 1.12
  0.77      0.54  41 %    ordinary share           0.99    1.17  (16)%

                         - per Fl. 1.12
  0.76      0.54  41 %    ordinary share - diluted 0.97    1.15  (16)%

  0.47      0.32  41 %   - per 5.6p ordinary share 0.60    0.70  (16)%

                         - per 5.6p ordinary
  0.45      0.32  41 %    share - diluted          0.58    0.69  (16)%


*   beia means before exceptional items and amortization of goodwill
    and intangibles.

STATEMENT OF TOTAL RECOGNIZED GAINS AND LOSSES (unaudited)

U.S. $ Millions                                    Half Year
                                              2001            2000

Net profit                                    999            1,182

Currency retranslation                     (1,100)            (245)

Total recognized gains / (losses)
 since last annual accounts                  (101)              937



SUMMARY BALANCE SHEET (unaudited)

U.S. $ Millions
                                  As at 30th    As at 31st   As at 1st
                                     June        December       July
                                     2001          2000         2000

Goodwill and intangibles            22,930        24,622        3,963
Acquired businesses held for resale  1,544         1,550            -
Fixed assets                         9,330        10,230        8,890
Stocks                               5,125         5,043        4,822
Debtors                              9,107         9,133        8,827
Cash and current investments         2,963         3,045        5,808
Trade & other creditors            (10,956)      (11,822)      (9,827)

                                    40,043        41,801       22,483


Borrowings                          26,372        27,668        8,480
Provisions for liabilities
 and charges                         5,997         5,958        4,959
Minority interests                     556           575          581
Capital and reserves                 7,118         7,600        8,463

                                    40,043        41,801       22,483


CASH FLOW STATEMENT (unaudited)

U.S. $ Millions                                        Half Year
                                                   2001         2000

Cash flow from operating activities               2,890        2,789
Dividends from joint ventures                        13            4
Returns on investments and servicing of finance    (928)        (255)
Taxation                                           (571)        (668)
Capital expenditure and financial investment       (849)        (662)
Acquisitions and disposals                        1,144       (3,578)
Dividends paid on ordinary share capital           (517)        (850)

CASH INFLOW / (OUTFLOW) BEFORE
 MANAGEMENT OF LIQUID RESOURCES AND FINANCING     1,182       (3,220)
Management of liquid resources                     (397)         126
Financing                                          (529)       4,394

INCREASE / (DECREASE) IN CASH IN THE PERIOD         256        1,300

RECONCILIATION OF CASH FLOW TO
 MOVEMENT IN NET FUNDS/(DEBT)

NET FUNDS / (DEBT AT JANUARY 1                  (24,623)         687

INCREASE / (DECREASE) IN CASH IN THE PERIOD         256        1,300
Cash flow from (increase)/decrease in borrowings    520       (4,402)
Cash flow from increase/(decrease)
 in liquid resources                                397         (126)

Change in net funds /
 (debt) resulting from cash flows                 1,173       (3,228)
Borrowings within group companies acquired            -          (86)
Borrowings within group companies sold                1            -
Liquid resources within group companies acquired      -            7
Liquid resources within group companies sold          -            -
Non cash movements                                 (622)         190
Currency retranslation                              662         (242)

MOVEMENT IN NET FUNDS /
 (DEBT) IN THE PERIOD                             1,214       (3,359)

NET FUNDS / (DEBT) AT HALF YEAR                 (23,409)      (2,672)


GEOGRAPHICAL ANALYSIS (CONSTANT)

   Second Quarter      U.S. $ Millions                Half Year
              % Incr./                                        % Incr./
 2001    2000  (Decr.)                           2001    2000  (Decr.)

12,608  10,977   15%   TOTAL TURNOVER           24,337    20,727  17%

 4,885   4,597    6%   Europe                    9,296     8,481  10%
 3,228   2,568   26%   North America             6,235     4,860  28%
   906     803   13%   Africa, Middle East       1,694     1,501  13%
                        and Turkey
 1,990   1,849    8%   Asia and Pacific          3,888     3,610   8%
 1,599   1,160   38%   Latin America             3,224     2,275  42%

                       TOTAL OPERATING PROFIT -
                       before exceptional items
                       and amortization of
 1,649   1,221   35%   goodwill and intangibles  3,105     2,306  35%

   738     636   16%   Europe                    1,296     1,101  18%
   417     254   64%   North America               750       462  62%
   101      77   30%   Africa, Middle East         179       127  40%
                        and Turkey
   231     155   49%   Asia and Pacific            492       397  24%
   162      99   64%   Latin America               388       219  78%

                       TOTAL OPERATING MARGIN -
                       before exceptional items
                       and amortization of
 13.1%   11.1%         goodwill and intangibles   12.8%     11.1%

 15.1%   13.8%         Europe                     13.9%     13.0%
 12.9%    9.9%         North America              12.0%      9.5%
 11.2%    9.7%         Africa, Middle East        10.5%      8.5%
                        and Turkey
 11.6%    8.4%         Asia and Pacific           12.7%     11.0%
 10.1%    8.5%         Latin America              12.0%      9.6%


OPERATIONAL ANALYSIS (CONSTANT)

   Second Quarter               U.S. $ Millions            Half Year
   --------------                                         -----------
              %Incr./                                        % Incr./
             --------                                        --------
  2001   2000 (Decr.)                          2001      2000  (Decr.)
  ----   ---- -------                          ----      ----   ------

12,608 10,977  15%  TOTAL TURNOVER             24,337    20,727   17 %

------------------- ---------------------------------- --------- -----
 7,037  5,601  26%  Foods                      13,447    10,234   31 %
------------------- ---------------------------------- --------- -----
 1,991  1,711  16%  Oil and dairy               3,951     3,313   19 %
                     based foods
                     and bakery
 2,272  2,298 (1)%  Ice cream and               3,806     3,741    2%
                     beverages
 2,774  1,592  74%  Culinary and frozen         5,690     3,180   79 %
                    products
------------------- ---------------------------------- --------- -----
 2,522  2,373   6%  Home Care and               4,991     4,631    8%
                     Professional Cleaning
 2,901  2,798   4%  Personal Care               5,614     5,470    3 %
   148    205 (28)% Other Operations              285       392  (27)%
------------------- ---------------------------------- --------- -----

                    TOTAL OPERATING PROFIT -
                     before exceptional
 1,649  1,221  35%   items and amortization of  3,105     2,306   35 %
                     goodwill and intangibles
------------------- ---------------------------------- --------- -----
 1,017    741  37%  Foods                       1,750     1,141   53%
------------------- ---------------------------------- --------- -----
   273    218  25%  Oil and dairy based           545       413   32 %
                     foods and bakery
   322    341 (6)%  Ice cream and beverages       406       410  (1) %
   422    182 133%  Culinary and frozen           799       318  152 %
                     products
------------------- ---------------------------------- --------- -----
   173    162   7%  Home Care and                 401       392   3%
                    Professional Cleaning
   441    317  39%   Personal Care                927       768   21 %
    18      1   -%  Other Operations               27         5  427%
------------------- ---------------------------------- --------- -----

                    TOTAL OPERATING MARGIN -
                     before exceptional
                     items and
13.1 % 11.1 %        amortization of             12.8%    11.1 %
                     goodwill and intangibles

------------------- --------------------------------- --------- ------
14.5 % 13.2%        Foods                        13.0%    11.1%
------------------- --------------------------------- --------- ------
13.7 % 12.8%        Oil and dairy based          13.8%    12.5%
                     foods and bakery
14.2 % 14.9%        Ice cream and                10.7%    11.0%
                     beverages
15.2 % 11.4%        Culinary and                 14.0%    10.0%
                     frozen products
------------------- --------------------------------- --------- ------
 6.9 %  6.8%        Home Care and                 8.0%     8.5%
                     Professional Cleaning
15.2 % 11.3%        Personal Care                16.5%    14.0%
12.1 %  0.3%        Other Operations              9.6%     1.3%
------------------- --------------------------------- --------- ------


Earnings per share in U.S. Dollars

                               Constant rates        Current rates
                              2001       2000       2001       2000

                                       Thousands of units
Average number of combined
 share units of Fl. 1.12     984,039    990,565    984,039    990,565
Average number of combined
 share units of 5.6p       1,640,064  1,650,941  1,640,064  1,650,941

COMBINED EPS

Net profit                     1,062      1,144        999      1,182
Less: Preference dividends        24         18         23         19
Net profit attributable to
 ordinary capital              1,038      1,126        976      1,163

Combined EPS per Fl. 1.12      $1.06      $1.14      $0.99      $1.17

Combined EPS per 5.6p          $0.63      $0.68      $0.60      $0.70

COMBINED EPS - BEIA

Net profit                     1,062      1,144        999      1,182
Add back exceptional
 items net of tax               (272)       233       (255)       238
Add back amortization
 of goodwill/intangibles
 net of tax                      633         17        614         17
Add back exceptional items
 in minority interests
 net of tax                       (3)         -         (3)         -
Net profit beia                1,420      1,394      1,355      1,437
Less:  Preference dividends       24         18         23         19
Net profit attributable to
 ordinary capital - beia       1,396      1,376      1,332      1,418

Combined EPS beia per
 Fl. 1.12                      $1.42      $1.39      $1.35      $1.43

Combined EPS beia per 5.6p     $0.85      $0.83      $0.81      $0.86


COMBINED EPS - Diluted
                                       Thousands of units

Adjusted average combined
 share units of Fl. 1.12   1,011,220  1,015,621  1,011,220  1,015,621
Adjusted average combined
 share units of 5.6p       1,685,366  1,692,701  1,685,366  1,692,701

Net profit attributable
 to ordinary capital           1,038      1,126        976      1,163

Combined diluted EPS
 per Fl. 1.12                  $1.03      $1.11      $0.97      $1.15

Combined diluted EPS
 per 5.6p                      $0.62      $0.67      $0.58      $0.69

 


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