Unilever sees sales and turnover rise as it hikes prices April 28, 2022 Unilever has enjoyed rising sales and turnover levels in the first few months of the year, as it rewards shareholders with a maintained dividend of €0.42 apiece. The consumer goods giant, behind some of Britain’s most loved products such as Ben & Jerrys, Dove, Helmann’s and Magnum, had its turnover jump by nearly 12 per [...]
Unilever commits to new health standards after shareholders pile on pressure March 7, 2022 Unilever has today committed to overhauling the way it reports on the health of its products after bosses came under fire from a shareholder activist group for lacklustre performance on nutrition.
Unilever rules out any major acquisitions this year after failed £50bn GlaxoSmithKline deal February 10, 2022 Unilever said this morning the consumer giant saw a 4.5 per cent jump in sales for the past year as it was boosted by higher prices. The company, which makes products ranging from Marmite to Ben & Jerrys ice cream, said this was its fastest growth in nine years, driven by a 2.9 per cent [...]
Unilever should ‘seriously think about splitting’, says major shareholder February 5, 2022 One of Unilever’s largest investors has called for the consumer goods giant to split, following its failed GlaxoSmithKline (GSK) bid. Bert Flossbach, founder and chief investment officer of Flossbach von Storch, one of Unilever’s top 10 shareholders, said that the Marmite-to-Dove soap maker is too diverse, and would benefit from slimming its operations. “Unilever should [...]
Unilever shares surge after Peltz takes a stake, though reports say job losses loom January 24, 2022 Unilever shares have surged this morning after it was revealed that notorious activist investor Nelson Peltz had taken a stake in the firm.
Activist investor Trian takes stake in Unilever as pressure builds on Alan Jope January 23, 2022 Activist hedge fund Trian Partners has reportedly taken a stake in Unilever as investors continue to pile pressure on beleaguered boss Alan Jope.
Ben & Jerry’s political activism could sabotage potential sale by Unilever, say lawyers January 23, 2022 Lawyers have warned Unilever may struggle to offload ice-cream brand Ben & Jerry’s due to its outspoken left-wing political views and activism, according to reports.
Terry Smith rounds again on Unilever and labels failed GSK bids a ‘near death experience’ January 20, 2022 Terry Smith has launched a fresh attack on Unilever’s management as he labelled the failed bid for GSK’s consumer arm a “near death experience”.
After a week from hell: Shareholders tell Unilever to focus on health to avoid being struck hard by regulatory changes January 20, 2022 Food giant Unilever should focus further on health after a week of fierce criticism for the Marmite manufacturer, a group of major asset managers and shareholders said this morning. The coalition of investors, backed by Share Action, said it is urging the company to adopt ambitious targets to increase the share of healthy foods in [...]
Investors round on Unilever’s ‘health blind spot’ in fresh wave of attacks January 20, 2022 Unilever has come under fire from a group of leading investors for its unhealthy food products, following a week of intense criticism.