News | Latest Breaking News Stories & Headlines

Unilever has reported a 5.2% rise in underlying sales, meeting analysts' average forecast

Unilever's new CEO lays out plans to simplify company

Unilever's new chief executive Hein Schumacher has today laid out plans to simplify the business and deliver faster growth after admitting it had underperformed in recent years.

Business • 26 Oct 23

Hein Schumacher will replace Alan Jope as CEO from July 1

Unilever names Schumacher as new CEO

Consumer goods giant Unilever has today appointed Hein Schumacher to replace Alan Jope as chief executive from July 1 in a move that was welcomed by board member and activist shareholder Nelson Peltz.

Business • 30 Jan 23

Unilver said its CEO Alan Jope plans to retire at the end of 2023 after five years in the role

Unilever CEO Alan Jope to retire at end of 2023

UK consumer goods giant Unilever said today that its chief executive officer Alan Jope plans to retire at the end of 2023 after five years in the role.

Business • 26 Sep 22

Alan Jope, chief executive officer of Unilever, attended the conference in Dublin this week

Global food makers, retailers remain in crisis mode

Global retailers and consumer goods makers remain in crisis mode and expect consumer behavior to remain unpredictable for the foreseeable future, top industry executives told a conference in Dublin this week.

Business • 22 Jun 22

The tea business being sold hosts a portfolio of 34 tea brands including Lyons, Lipton, PG Tips, Pukka Herbs and TAZO

Unilever bags €4.5 billion deal with CVC for tea unit

Unilever has agreed to sell its global tea business to CVC Capital Partners for €4.5 billion, concluding a process of reviewing and spinning off the division that took more than two years.

Business • 19 Nov 21

Unilevr said its H1 sales came in 5.4% higher, above the 4.3% forecast and ahead of the group's mid-term target of 3-5% growth

Inflation worries overshadow Unilever's strong H1

Unilever has today reported higher-than-expected underlying sales growth for the second quarter and first half as consumers cooked more meals at home.

Business • 22 Jul 21

Underlying sales rose 3.5% at the Anglo-Dutch maker of Dove soap, Hellmann's mayonnaise and Tresemme shampoo

Unilever's underlying sales growth jumps 3.5% in Q4

Consumer goods giant Unilever has today reported underlying sales growth for the fourth quarter that was in line with estimates, buoyed by strong demand in emerging markets.

Business • 04 Feb 21

Unilever wants to end 90 years as a hybrid since Britain's soap-making Lever Brothers merged with Margarine Unie in the Netherlands

Dutch vote brings Unilever step closer to unification

Unilever shareholders has approved plans to end the Anglo-Dutch company's dual-headed corporate structure and form a London-based entity, which it says will make deal making simpler.

Business • 21 Sep 20

Unilever said it expects shareholders to support its plan to unify its headquarters in London and scrap its Dutch base

Unilever CEO expects shareholder support for UK HQ move

Unilever expects shareholders to support its plan to unify its headquarters in London and scrap its Dutch base and believes a potential law enacting an "exit tax" in the Netherlands would breach European Union law, its chief executive has said.

Business • 09 Sep 20

Unilever withdraws 2020 forecast, to pay dividend

Consumer goods giant Unilever has today pulled its full-year forecast, saying it could not "reliably assess the impact" of the coronavirus pandemic on its business.

Business • 23 Apr 20

Unilever said the review was triggered by slowing sales of traditional black tea in developed markets

Unilever to review tea business as sales growth slows

Unilever has launched a strategic review of its tea business, including the PG Tips and Lipton brands, as chief executive Alan Jope looks to boost group sales that grew at their slowest in a decade in the past quarter.

Business • 30 Jan 20

Dove maker Unilever posts weaker-than-expected third quarter sales

Unilever Q3 sales miss estimates on India, China dip

Consumer goods giant Unilever has today reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging markets.

Business • 17 Oct 19

Unilever now uses more than 700,000 tonnes of virgin plastic - created using raw materials instead of recycled materials - each year

Unilever aims to halve its use of new plastic by 2025

Consumer goods giant Unilever has vowed to halve the amount of new plastic it uses over the next five years.

Business • 07 Oct 19

Ice cream makes up 13% of Unilever's group sales and about 20% of its European sales annually

Unilever second-quarter sales slip on wet weather hit

Consumer goods giant Unilever has today reported slightly weaker-than-expected quarterly underlying sales growth, hit by wet weather in Europe and moderating growth in India.

Business • 25 Jul 19

Unilever said its first quarter turnover fell 1.6% to €12.4 billion

Unilever's first-quarter sales top expectations

Consumer goods group Unilever is on track to meet its performance goals this year after strong sales in emerging markets led to a better-than-expected start to 2019.

Business • 18 Apr 19

Unilever, the maker of Dove soap and Ben & Jerry's ice cream, said fourth-quarter underlying sales rose 2.9%

Unilever's fourth quarter sales miss expectations

Unilever today reported lower-than-expected fourth-quarter sales, hurt by inflation in Argentina and flat volume growth in developed markets.

Business • 31 Jan 19

Alan Jope