Unilever: Ice cream success boosts sales but profit drops Business Unilever has announced a drop in profit amid expensive disposals and unfavourable currency moves. Turnover at the FTSE100 firm, which owns brands like Dove, Colman’s and Persil, was €30.1bn, down 3.2 per cent year on year. Sales rose 3.4 per cent in the first half of the year, helped by a strong performance in Unilever’s [...]
Unilever turnover dips as turnaround fails to gain pace Retail Unilever has reported a dip in turnover despite a year-long turnaround plan aimed at revitalising the business. Turnover at the consumer goods giant fell 0.9 per cent year year to €14.8bn (£12.65bn) in the first quarter of 2025. This was driven by slumps in personal and home care products, which fell by 4.4 per cent [...]
Unilever to update on turnaround under new boss amid mounting trade pressure Business Unilever is expected to outline fresh details of its attempted turnaround this week, after replacing its chief executive in March. The consumer giant, which makes goods from Marmite to Dove soap, reports its first quarter results on the 24th April. Experts said the company could give more insight into its plans under new boss Fernando [...]
Unilever rushes to sell underperforming food labels as it focuses on ‘power brands’ March 11, 2025 Unilever will speed up the sale of its underperforming labels and focus on its 30 power brands, according to its chief executive. Fernando Fernandez said the FTSE-100 company would act at a “faster pace” and that the firm has around €1bn (£840m) of brands in its Foods Europe division, which “don’t fit well” with its company’s portfolio. [...]
Unilever: Amsterdam chosen for primary ice cream listing in blow for London February 13, 2025 Shares in Dove and Marmite maker Unilever have dipped despite an uptick in profit, with some additional concern as London will miss out on the primary listing of its ice cream arm. Shares dipped more than seven per cent in early trades due to “exceptionally weak” guidance, analysts said. “Unfortunately for Unilever… the market doesn’t tend [...]
Unilever: Dove and Magnum owner shrugs off economic concerns October 24, 2024 Consumer goods giant Unilever has reported a period of strong growth as demand for its so-called power brands surged. In a trading update for the third quarter of 2024, the company said it had recorded underlying sales growth of 4.5 per cent compared to the prior year across its main divisions, with volume growth of [...]
Unilever shares surge to the top of the FTSE 100 despite sales miss July 25, 2024 Dove and Marmite-maker Unilever missed its sales targets in the second quarter of the year as a turnaround plan from chief Hein Schumacher failed to convince customers.
Apple’s latest iPad advert backfired, but how does it rank amongst the worst ever? May 11, 2024 We have gone through some other commercials and advertising campaigns which spectacularly backfired, to consider where they rank.