Unilever

Unilever (LON: ULVR) is one of the world’s largest diversified consumer goods producers. Founded in 1929, the company is home to more than 10 of Kantar’s top 50 global brands (2021), including Lifebuoy, Dove, Lux, Knorr, Rexona, Vim, and Closeup. The company generated revenue of EUR 60.1 billion (USD 63.6 billion) in 2022. Unilever actively engages in acquisitions and divestitures of consumer household brands, and, in January 2022, reorganized its internal operating structure in favor of a category-focused model.

Unilever sells products under five categories, with four being relatively equal in size. Nutrition is the largest, with the Knorr (bouillons and seasonings) and Hellmann’s (mayonnaise) brands accounting for over half of category sales. The Personal Care category includes skin care, deodorants, and oral care products sold under the Lux, Dove, Lifebuoy, Rexona, Axe, Signal, and Closeup brand labels. The Home Care category houses the OMO, Sunlight, Surf, Cif Domestos, and Comfort brands that sell fabric cleaning and home cleaning products, disinfectants, and fabric enhancers. The Beauty & Wellbeing category comprises hair care, skin care, beauty, and health and wellbeing products that are marketed through brands such as Dove, Sunsilk, Clear, Vaseline, and Ponds. Ice Cream is the company’s smallest category, with the Magnum, Ben & Jerry’s, and Wall’s brands.

Unilever expects its sales growth during 2023 to be in the upper half of its multi-year range of 3%–5% (9.0% YoY in 2022). The company expects the underlying operating margin during the first half of  2023 to be around 16% (8.1% in 2022). Unilever plans to reach net zero emissions by 2030.