Page 5 - Unilever
Unilever's sustainable brands growing 2x faster than other brands: COO
Firm will spend 2 billion euros with diverse suppliers; will also help 5 million retail partners improve livelihoods and drive their growth, says Nitin Paranjpe
 "Unilever's sustainable brands growing 2x faster than other brands: COO")
Unilever Indonesia de-rating underscores valuation risk to India FMCG
Currently, HUL trades at 58 times its estimated earnings for FY23. Nestle is the most expensive FMCG with 69x its FY23 P/E, while ITC is the cheapest at 17.5x
 "Unilever Indonesia de-rating underscores valuation risk to India FMCG")
Unilever is said to kick off sale of large part of $5.6-bn tea business
The UK-listed consumer group has reached out to potential suitors and is expecting first-round bids in September, the people said, asking not to be identified discussing confidential information
 "Unilever is said to kick off sale of large part of $5.6-bn tea business")
Renewed restrictions to hit sales in India in Q2 this year, says Unilever
Anglo-Dutch FMCG major Unilever on Thursday said the second wave of the coronavirus pandemic and subsequent restrictions in India impacted its sales in the country.
Unilever second quarter underlying sales rise 5%, beats estimates
Unilever Plc on Thursday reported higher-than-expected underlying sales growth for the second quarter and first half as consumers cooked more meals at home
 "Unilever second quarter underlying sales rise 5%, beats estimates")
Yalo raises $50 mn funding led by existing venture investor B Capital Group
Yalo will use the financing to deepen its presence in Latin America and Southeast Asia
 "Yalo raises $50 mn funding led by existing venture investor B Capital Group")
Unilever plans $3.6 billion buyback as China and home cooks boost growth
It also forecast a slight increase in underlying operating margin this year
Mandatory 5-day work week unlikely to return again: Unilever COO Paranjape
The company's chief operating officer Nitin Paranjpe said 4-days a week has the potential to become the new normal as people start giving more importance to work-life balance
India a phenomenal market for Unilever, second only to US: Alan Jope
Outlines blueprint for future growth; India, China and US are key
Unilever restores pre-pandemic sales target amid strong consumer demand
Rival consumer goods group P&G last month raised its fiscal 2021 sales growth forecast to a range of 5% to 6%, from 3% to 4%, mainly on the back of a strong first half
Consumer giant Unilever sets long-term targets as China, India rebound
Unilever sets long-term targets as China, India rebound
Unilever gets vaccine partnership offers as it plots worker safety strategy
Unilever is strongly encouraging employees to get vaccinated against the coronavirus as soon as possible and floated the idea that it could buy shots to share with people in poorer countries
Global consumption will remain depressed in first half of year: Unilever
The company would grow ahead of the broader market and he does not expect any hits to margins over the near term.
Unilever to seek shareholder approval for its climate change plans
The company also plans to report on its progress against the plan annually starting 2022
Unilever to introduce mouthwash that claims to kill 99.9% of coronavirus
The mouthwash, 'Pepsodent Germicheck Mouth Rinse Liquid', is set to be launched in India in December
Unilever to halve food waste, double items delivering positive nutrition
Under its new 'Future Foods Ambition', Unilever said it also plans to halve food waste in its direct operations from factory to shelf by 2025 - five years earlier than previously committed
Unilever to halve food wastage, boost nutritional standards by 2025
Around 85 per cent of Unilever's foods portfolio would support a diet providing a maximum of 5g of salt intake a day by 2022
Unilever says UK High court approved cross-border merger between entities
Unilever's cross-border merger between its Dutch and British corporate entities has been approved by the UK High Court, the company said
Unilever third qtr sales growth beats expectations led by emerging markets
By Martinne GelleSales in emerging markets rose 5.3 percent from the previous year, while developed markets rose 3.1 percent
Unilever, P&G push suppliers to rescue more than 300,000 seafarers
The letter, which was sent Wednesday to United Nations Secretary-General Antonio Guterres is the latest call to address a growing humanitarian crisis at sea brought about by the Covid-19 pandemic
 "Unilever, P&G push suppliers to rescue more than 300,000 seafarers")