Unilever CEO Hein Schumacher rules out spinning off food – a legacy of predecessor Alan Jope
Schumacher revealed a three-point ‘action plan’ with faster growth at its core.
27 October 2023
27 October 2023
Schumacher revealed a three-point ‘action plan’ with faster growth at its core.
The initiative will involve €300m ($316.8m) of investment in projects aimed at increasing turnover.
The investment in the cooperative’s Mitchelstown, County Cork, facility has created 30 jobs.
Around 100 full-time jobs will be cut, the company said.
The suspension is due to a possible threat from Russian warplanes and sea mines.
The dairy giant expects like-for-like sales growth to reach 6-7% this year, compared with 4-6% previously.
Israel’s food security is under threat as lands lie fallow and the labour force is decimated by conscription and a worker exodus.
Fernando Fernandez will replace Graeme Pitkethly to help drive “faster-growth” strategy.
There are well established use cases for robotics within the consumer goods and packaging industries. Both sectors have used caged industrial robots, industrial cobots, and logistics robots to automate production lines and logistics operations for some time now. Robotics do not fit as easily into the foodservice business model. Robots improve profitability in the long term but have high up-front costs, so investing in robotics is not without risks.
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