Unilever Plc · LSE:ULVR
Unilever — Investor Presentation (June 2022)
26 slides from Unilever's investor presentation, Jun 6, 2022
Slide 1: Investor Deep-Dive
Investor Deep-Dive 6 th J u n e 2 0 2 2
Slide 2: Safe harbour statement
Safe harbour statement PRESTIGE This presentation may contain forward-looking statements, including ‘forward-looking statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995. Words such as ‘will’, ‘aim’, ‘expects’, ‘anticipates’, ‘intends’, ‘looks’, ‘belie
Slide 3: Fernando Fernandez, President of Unilever Beauty & Wellbeing
Fernando Fernandez President of Unilever Beauty & Wellbeing
Slide 4: Agenda
Agenda Unilever Prestige: An Introduction to Prestige Unilever Prestige: Model & Vision
Slide 5: Unilever's new organisational structure
Unilever’s new organisational structure PRESTIGE Business Groups Beauty & Personal Home Nutrition Ice Cream Wellbeing Care Care Vitamins, Hair Care Skin Care Prestige Minerals & Supplements
Slide 6: Vasiliki Petrou, CEO Unilever Prestige
Vasiliki Petrou CEO Unilever Prestige
Slide 7: Vasiliki Petrou
Vasiliki Petrou PRESTIGE • CEO of Unilever Prestige • Founding member of Prestige division • Extensive Beauty industry experience • Winner of CEW UK Achievers Award, 2015 • Winner of CEW US Achievers Award, 2018 • Chair of Cosmetics Executive Women (CEW) 7
Slide 8: Unilever Prestige
Unilever Prestige PRESTIGE €1bn +11% >50% average USG Turnover Sales online 2019-21 Nine Powerhouse Brands 8 Note: all figures as of FY2021
Slide 9: Portfolio playing in key strategic spaces of the future
Portfolio playing in key strategic spaces of the future PRESTIGE 2015 2015 2017 2019 2021 2015 2015 2017 2019 9
Slide 10: Clinical Dermacosmetics
Clinical Dermacosmetics PRESTIGE DERMALOGICA MURAD KATE SOMERVILLE #1 Professional #1 Retinol Brand in US Loved by A-list skincare brand Celebrities & Influencers Sources: Dermalogica: Skincare Spas, Salons, & Institutes, Kline Report US & Europe. Murad: Jan-Sept 21 NPD US Prestige Skincare
Slide 11: Clean and Clinical
Clean and Clinical PRESTIGE PAULA’S CHOICE REN GARANCIA DTC first, fast growth Z e r o W a s t e . 1 st t o #1 Fastest growing powerhouse launch infinitely brand in French recyclable samples pharmacies Sources: Ren: 1st to launch mini aluminium sample tubes with break off nozzle and 100% recycled al
Slide 12: High Performance Categories
High Performance Categories PRESTIGE HOURGLASS TATCHA LIVING PROOF Leading Luxury Leading brand in #1 Prestige Dry Cruelty Free Brand Sephora Shampoo in US Source: Living Proof: NPD US Prestige FY 2021
Slide 13: The Premium Beauty Market: Categories
The Premium Beauty Market: Categories PRESTIGE Market (€bn) Market +6% +8% Key Categories Growth ’21-’26 CAGR ’21-’26 CAGR Premium Beauty Market Unilever Prestige 261 Premium Other 6% Colour Hair Care 10% Cosmetics +7% Haircare ’21-’26 CAGR Premium Skin Care Premium 42% Colour Cosmetics +9% ’21-’26
Slide 14: The Premium Beauty Market: Geographies
The Premium Beauty Market: Geographies PRESTIGE Key Geographies Premium Beauty Market Unilever Prestige USA International 24% Markets 40% Other 46% US 60% China 22% Japan 8% Sales by consumer market 14 Source: Euromonitor Market Sales (2021)
Slide 15: Strong, Consistent Growth
Strong, Consistent Growth PRESTIGE 45% of incremental Turnover since 2017 from organic growth +11% Average USG 2019-21 45% +30bps 55% Growth €3bn contribution to ambition Unilever FY21 2017 Acquired Organic 2021
Slide 16: Our Winning Model
O u r Wi n n i n g M o d e l PRESTIGE 1. 2. 3. 4. 5. BRAND FIRST SPEED, TRENDS SOCIAL TECHNOLOGY MODEL AGILITY SETTING I M PA C T & FIRST & ADVOCACY I N N O VAT I O N PURPOSE BEAUTY
Slide 17: 1. Brand First Model
1. Brand First Model PRESTIGE Brand-centric Pioneering Leaders in Education approach Decentralised Model • Brands stay 100% • Dermalogica: #1 • Disruptive & future-fit at the heart Professional Skincare organisational model • Founders remain at Brand the soul • Paula’s Choice: brand rooted in scienc
Slide 18: 2. Speed, Agility & Advocacy
2. Speed, Agility & Advocacy PRESTIGE Cult Brands with Fast pivot Continuous Digital Communities to eCommerce Experimentation • Tatcha launch coverage • From 39% of revenue in • Dermalogica debuted in the UK highlights cult 2019 to +50% in 2021 Virtual Reality status eCommerce store in July • TikTok
Slide 19: 3. Trend Setting Innovation
3. Trend Setting Innovation PRESTIGE HOURGLASS Living Proof Murad Red 0 Dry Volume & Texture Spray Targeted Wrinkle Corrector Industry-first breakthrough 120 patents globally Near-perfect reviews ingredient innovation for Living Proof technology “Filler in a bottle”
Slide 20: 4. Leading Social Impact & Purpose
4. Leading Social Impact & Purpose PRESTIGE Dermalogica REN Tatcha Education Pathway #WeAreAllies Beautiful Futures Provides skills-based training First of its kind partnership Over 6.4 million days of for skin therapists globally bringing 5 brands together school provided to children to reduce pack
Slide 21: 5. Technology First Beauty
5. Technology First Beauty PRESTIGE Dermalogica Living Proof Murad Custom AI Skincare Educator AI Hair Diagnostics Facial Serum First virtual human to deliver Advanced AI diagnostic Digital diagnostic sessions to skincare education tool create bespoke formulations
Slide 22: The Power of Unilever
The Power of Unilever PRESTIGE World Class R&D | International Footprint | Global Consumer Understanding Operational Excellence | Expert Support Functions | Sustainability Leaders
Slide 23: China is an Opportunity
China is an Opportunity PRESTIGE Strong Momentum Since Launch • China is now the 3rd largest market for Unilever Prestige, despite being cross border only until 2021 • We have doubled turnover year- on-year since launch in 2017 • 1st company in the industry to achieve a domestic license without anim
Slide 24: Summary: Prestige Powers Growth
Summary: Prestige Powers Growth PRESTIGE Powerhouse Brands A Winning Model
Slide 25: Slide 25
Slide 26: Thank You
PRESTIGE Thank You