Unilever PLC · LSE:ULVR
Unilever — Investor Day (December 2022)
23 slides from Unilever's investor day presentation, Dec 8, 2022
Slide 1: Personal Care
PERSONAL CARE 8 DECEMBER 2022 Fabian Garcia Personal Care President
Slide 2: Safe harbour statement
Safe harbour statement 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’, ‘believes’, ‘vi
Slide 3: Key Messages
Key Messages Personal Care is a large and attractive market in which we hold strong 1 leading positions 2 We have some of the most powerful brands in the sector 3 We will accelerate growth by investing more behind our powerhouse brands funded by increased Gross Margin The new Compass organisation is
Slide 4: Plan for today: Personal Care Business Overview
Plan for today STRATEGY & VALUE PERSONAL CARE CREATION BUSINESS OVERVIEW GROSS GROWTH EXECUTION MARGIN 4
Slide 5: Plan for today
Plan for today STRATEGY & VALUE PERSONAL CARE CREATION BUSINESS OVERVIEW GROSS GROWTH EXECUTION MARGIN 5
Slide 6: Personal Care Market Overview
Personal Care Market Overview >€100 Billion market, growing at c.4% Favourable Consumer Trends ENHANCED BOOSTED BETTER BY AND HEALTH & BEAUTY & Skin Cleansing Deo Oral Care PROTECTION WELLNESS FOR NATURE €18b €41b €18b €44b #1 #4 Globally Globally Source: Euromonitor average category value growth FY
Slide 7: Macro Environment Challenges Persist
Macro Environment Challenges Persist Continued Commodity Supply Resilience Inflation Recession / Consumption Risk 7
Slide 8: Personal Care Business Group Overview
Personal Care Business Group Overview Others Other € 12bn FY’21 Turnover 2.6% 3Y USG CAGR Proximity Modern Trade Oral Care Deodorants Emerging Markets Developed Markets Value Skin Cleansing (‘19-’21) Health & Ecommerce Beauty Skin Cleansing Deodorants Oral Care Turnover €6bn €4bn €1.5bn Market Share
Slide 9: Personal Care Business Group Overview
Personal Care Business Group Overview Others Other € 12bn FY’21 Turnover 2.6% 3Y USG CAGR Proximity Modern Trade Oral Care Deodorants Emerging Markets Developed Markets Value Skin Cleansing (‘19-’21) Health & Ecommerce Beauty Skin Cleansing Deodorants Oral Care Source: Unilever FY 2021 Reported Resu
Slide 10: Powerhouse Brands > 85% of the Business
7 Powerhouse Brands > 85% of the Business Master Brand Global Deo Brand #2 Most Penetrated Beauty Brand #1 Male PC Brand* #1 Germ Protection Soap #1 Oral Care Brand Born Challenger #2 Freshness Brand in Indonesia France Vietnam Oral care *Excluding Shaving 10
Slide 11: Plan for today
Plan for today STRATEGY & VALUE PERSONAL CARE CREATION BUSINESS OVERVIEW GROSS GROWTH EXECUTION MARGIN 11
Slide 12: Personal Care Strategy & Value Creation
Personal Care Strategy & Value Creation STRATEGIC ROLE ACCELERATE GROWTH by extending our leadership positions Deploying superior technology and increased investment behind our 7 powerhouse brands Improved execution enabled by the Compass Organisation VALUE CREATION GROWTH 4-5% MARGIN Modest Expansi
Slide 13: Plan for today
Plan for today STRATEGY & VALUE PERSONAL CARE CREATION BUSINESS OVERVIEW GROSS GROWTH EXECUTION MARGIN 13
Slide 14: Accelerate Growth Through Superior Products & Premiumisation
Accelerate Growth Through Superior Products & Premiumisation Today 2025 Growth Contribution Premium 40% Expand Premium c.40% Core 38% Faster Growth on the Core c.60% Value 22% Simplify low value portfolio Market Strong in Core and Value Stronger in Core & Under-Indexed in Premium Premium 14
Slide 15: Accelerate Growth Through Superior Care & Premiumisation
Accelerate Growth Through Superior Care & Premiumisation FASTER GROWTH ON THE CORE EXPAND PREMIUM 15
Slide 16: Accelerate Growth Through Superior Efficacy & Premiumisation
Accelerate Growth Through Superior Efficacy & Premiumisation FASTER GROWTH ON THE CORE EXPAND PREMIUM 16
Slide 17: Driving Consumer Preference and Meeting Rising Expectations
Driving Consumer Preference and Meeting Rising Expectations PURPOSEFUL IMPACT FOR PEOPLE & SOCIETY POSITIVE IMPACT FOR THE PLANET 17
Slide 18: Plan for today
Plan for today STRATEGY & VALUE PERSONAL CARE CREATION BUSINESS OVERVIEW GROSS GROWTH EXECUTION MARGIN 18
Slide 19: Gross Margin increase to re-invest behind brands
Gross Margin increase to re-invest behind brands PREMIUMISATION / MIX BIG STEP UP SAVINGS RADICAL SIMPLIFICATION Pricing for Superior, Consumer Preferred Products x2 c.70 legacy Personal Care brand lines being exited Step up Trade up to accretive formats and benefits 25% SKU Reduction Leveraging Mix
Slide 20: Plan for today
Plan for today STRATEGY & VALUE PERSONAL CARE CREATION BUSINESS OVERVIEW GROSS GROWTH EXECUTION MARGIN 20
Slide 21: The Compass Organization enhances execution power of Personal Care
The Compass Organization enhances execution power of Personal Care FASTER MORE ACCOUNTABLE MORE “PERSONAL” CULTURE Simpler Organisation, End-to-end integration of One Team in service of Fewer Decision Makers Strategy & Execution Consumer & Customers Tail Brand Line Elimination Pricing Agility Custom
Slide 22: Key Messages
Key Messages Personal Care is a large and attractive market in which we hold strong 1 leading positions 2 We have some of the most powerful brands in the sector 3 We will accelerate growth by investing more behind our powerhouse brands funded by increased Gross Margin The new Compass organisation is
Slide 23: Thank You
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