Unilever PLC · LSE:ULVR
Unilever — Q3 2003 Earnings Presentation
6 slides from Unilever's earnings presentation, Oct 29, 2003
Slide 1: 2003 Third Quarter Results
2003 Third Quarter Results Howard Green 29 October 2003 SAFE HARBOUR STATEMENT: This presentation may contain forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act 1995) based on our best current information and what we believe to be reasonable assumptio
Slide 2: Sales Performance - Q3 2003
Sales Performance - Q3 2003 Sales Sales Contribution Growth Growth €bn €bn to Total % % 2002 2003 Sales Growth Leading Brands HPC 4.8 5.0 5.1% Foods 6.1 6.3 1.8% Total 10.9 11.3 3.2% 2.9% Non-Leading 1.4 0.9 -30.1% -3.3% of which underlying growth -7.3% -0.6% disposals -2.7% Acquisitions 0.1 0.4% To
Slide 3: Development of leading brand growth
Development of leading brand growth % Leading H1 Q3 Brands Growth Growth 89% 4.3% improved to 5.1% 8% (1.4)% improved to 0.6% Household Care & Frozen 3% (13.7)% declined to (27.6)% Slim.Fast & Prestige 4 Development of Leading Brands : Home & Personal Care H1 Q3 Leading brands growth % 2000 2001 200
Slide 4: Improvement in Operating Margin - Q3 2003
Development of Leading Brands : Foods H1 Q3 Leading brands growth% 2000 2001 2002 2003 2003 Savoury & Dressings 6.0 4.2 5.1 3.4 2.0 Tea based beverages 4.5 3.3 3.3 4.9 11.5 Spreads & Cooking (1.5) 5.5 4.3 (0.4) (0.7) Health & Wellness 17.0 25.4 9.1 (14.5) (23.5) Ice Cream 1.2 2.9 4.0 4.0 5.5 Frozen
Slide 5: Regional Performance - Q3 2003
Regional Performance - Q3 2003 North Asia Europe AMET LATAM America Pacific Turnover Growth % (2.5) (3.7) 1.9 6.2 7.8 Underlying Sales Growth % 1.1 (2.6) 5.2 6.8 10.5 Price % (0.3) 0.3 1.7 0.3 11.4 Operating Margin % 18.8 17.5 16.0 13.4 15.5 Change in Margin bps 170 40 390 (90) 120 Investment in A&P
Slide 6: Supporting our brands - delivering on profitability
Supporting our brands - delivering on profitability ◆ At the start of the year we showed how we created headroom to deliver both profit and respond to a tougher business environment ◆ Sales shortfall has used initial headroom…………….. ………but we have created more headroom through: ◆ additional procurem