Dec 17, 2019
Unilever: appetite suppressant
Unilever insists difficult trading conditions are to blame, particularly in south Asia and west Africa. Unilever is the global leader in the sector but things could get tougher still. Unilever could try to reshape its portfolio, jettisoning slow-growing brands. Despite buying a number of fashionable "Insurgent" brands in recent years, Unilever only generated only about 0.5 percentage points of growth from its acquisitions and disposals in the first half year. Unilever set itself an ambitious cost-cutting programme, adopting some of the "Zero-based budgeting" techniques employed by its foiled predator.
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