Unilever PLC · LSE:ULVR
Unilever — Barclays Global Consumer Staples Conference Boston (September 2018)
32 slides from Unilever's conference presentation, September 2018
Slide 1: Unilever at Barclays Boston
UNILEVER AT BARCLAYS BOSTON ALAN JOPE, PRESIDENT BEAUTY & PERSONAL CARE RICHARD WILLIAMS, HEAD OF IR
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT Where relevant, these actions are subject to the appropriate consultations and approvals. This document may contain forward-looking statements, including ‘forward-looking statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995. Word
Slide 3: On track for our 2020 plan
On track for our 2020 plan • Country Category Business Teams fully in place Simpler, faster organisation • 3 Divisions: HC and BPC headquartered in UK, F&R integrated in Netherlands • Savings programmes ZBB and 5S – on track for €6 billion by 2019 Accelerated margin progression • On track for 20% Un
Slide 4: Simplification at a glance
Simplification at a glance From a dual-headed legal structure: 45% Unilever PLC Equalisation agreements Unilever NV 55% market cap Incorporated in the UK Incorporated in the Netherlands market cap To a single parent structure: New Unilever NV Incorporated in the Netherlands - simpler structure - imp
Slide 5: Strategic rationale
Strategic rationale • Simpler • Greater flexibility for strategic portfolio change • Improved corporate governance • One global pool of liquidity
Slide 6: Timeline
Timeline 15 March 18 announcement Around end Q4 18 – of proposal Anticipated implementation Engagement with shareholders, index providers, proxy agencies on proposal 25/26 Oct 18 – NV and PLC shareholder meetings and votes Voting open Early Sept 18 – Documentation sent to shareholders at least 6 wee
Slide 7: Alan Jope, President Beauty & Personal Care
ALAN JOPE PRESIDENT BEAUTY & PERSONAL CARE
Slide 8: Unilever Beauty and Personal Care
UNILEVER BEAUTY AND PERSONAL CARE €21bn business; an increasing part of Unilever Beauty & Personal Care Turnover (€bn) Beauty & Personal Care as % of group sales 21 38% 3 28% 7 11 2008 Existing Acquisitions 2017 2008 2017 Brands 2017 FY Financials based on avg. 2017 FX rates
Slide 9: Major players in the market
MAJOR PLAYERS IN THE MARKET Unilever, strong global player in Beauty and Personal Care 9.7% 7.9% 7.8% 3.6% 3.4% 3.3% 2.8% 2.6% 2.2% L'Oréal P&G Unilever Colgate-Palmolive Estee Lauder Coty Johnson & Johnson Beiersdorf Shiseido 2017 FY Euromonitor
Slide 10: Unilever Beauty and Personal Care
UNILEVER BEAUTY AND PERSONAL CARE Strong portfolio with leading categories SKIN CARE HAIR SKIN CLEANSING DEO ORAL CARE Global leading positions Local leading positions
Slide 11: Unilever Beauty and Personal Care
UNILEVER BEAUTY AND PERSONAL CARE Well positioned global brands and attractive footprint Leading Global Brands Attractive Footprint: 64% Emerging Markets
Slide 12: Accelerated portfolio transformation
ACCELERATED PORTFOLIO TRANSFORMATION 13 companies acquired since 2015 July YTD 2018 +10% LFL growth 2015 2016 2017 2018 JULY YTD 2018 Acquisitions LFL Growth
Slide 13: Our opportunities
OUR OPPORTUNITIES CONNECTIVITY AND CONSUMER NEW MODEL OF FRAGMENTATION MARKETING AND PERSONALISATION FRAGILE PLANET CHANNEL FRAGMENTATION
Slide 14: Beauty that cares... Our growth strategy
“Beauty that cares…” OUR GROWTH STRATEGY
Slide 15: Our growth strategy
OUR GROWTH STRATEGY CONNECTED FOR GROWTH STRATEGIC CHOICES More from the Core Future Fit Portfolio High Growth Spaces Core Market Product Benefits Development Superiority simple New & Acquired New Business Brands Models NEW MODEL OF MARKETING EGam Nascent Prestige g Markets H&B é = (oe Purpose and S
Slide 16: Our growth strategy
OUR GROWTH STRATEGY
Slide 17: More from the core
MORE FROM THE CORE Our core brands and businesses remain our top strategic priority Core Benefits Superior Products Market Development
Slide 18: Our growth strategy
OUR GROWTH STRATEGY Future Fit Portfolio New & Acquired New Business Brands Models
Slide 19: Future fit portfolio
FUTURE FIT PORTFOLIO Launched 7 new brands in the last 18 months Hjab fresh
Slide 20: Future fit portfolio
FUTURE FIT PORTFOLIO Continue strengthening our naturals portfolio with acquisitions
Slide 21: Our growth strategy
OUR GROWTH STRATEGY
Slide 22: High growth spaces
HIGH GROWTH SPACES Prestige business now €5OOm turnover July YTD 2018 +10% LFL growth JULY YTD 2018 Prestige Business Unit LFL Growth
Slide 23: High growth spaces
HIGH GROWTH SPACES eCommerce growth well ahead of the market H1 2018 +65% growth H1 2018 E-Commerce Revenue Growth
Slide 24: High growth spaces
HIGH GROWTH SPACES Significant growth opportunities in nascent markets H1 2018 +15% growth
Slide 25: Our growth strategy
OUR GROWTH STRATEGY NEW MODEL OF MARKETING os . Purpose and ee oo) New Communication Model Precision Marketing whi Sustainability = \ o
Slide 26: New model of marketing
NEW MODEL OF MARKETING Building brands with purpose
Slide 27: New model of marketing
NEW MODEL OF MARKETING Building relationship through content
Slide 28: New model of marketing
NEW MODEL OF MARKETING Data drives insight – insight drives precision – precision drives value
Slide 29: Fuel for growth (NRM, ZBB, 5S)
OUR GROWTH STRATEGY FUEL FOR GROWTH (NRM, ZBB, 5S)
Slide 30: Successful margin expansion
SUCCESSFUL MARGIN EXPANSION Led by GM% improvement and efficiencies with increased media spend 21.8% 21.1% 20.0% 2016 2017 2018 (H1)
Slide 31: In summary
IN SUMMARY Driving growth in Beauty and Personal Care o More from the Core o Build a Future Fit Portfolio o Selected high growth spaces o Put purpose at the centre of our brands and deliver engaging content with precision
Slide 32: Q&A
Q&A
Unilever — Barclays Global Consumer Staples Conference Boston (September 2018) on 6ix