Shortly after fueling its growth with the strategic acquisition of Yasso, Unilever is back with another operational update. The company recently shared its financial results for the first half of 2023, noting continued growth across all Business Groups.
“Unilever’s performance in the first half highlights the qualities that attracted me to the business: an unmatched global footprint, a portfolio of great brands, and a team of talented people,” said Hein Schumacher, Chief Executive Officer. “My early immersion in the business has confirmed my belief in Unilever’s strong fundamentals. The task ahead is to leverage these core strengths—supported by our simplified operating model—to drive improved performance and competitiveness. This is our absolute priority, and it will mean bringing greater focus and sharper execution, with science-backed innovations and investment behind our brands.”
Some key elements of growth highlighted in the report include:
Also noted in the report, Unilever Food Solutions accelerated its double-digit growth through the first half, with China returning to double-digit growth in the second quarter. One category that saw impressive growth was the dressings sector, which continued to grow double-digit during the Easter and BBQ season.
“This opportunity to step up our performance and unlock our full potential makes it an exciting time to lead Unilever,” Schumacher continued. “I look forward to sharing further details when we report our Q3 results in October.”
Click here to dive further into the distributor’s latest operational report.
Keep reading Deli Market News as we continue to bring you more industry updates!
