Unilever PLC · LSE:ULVR
Unilever — Q3 2006 Earnings Presentation
24 slides from Unilever's earnings presentation, 2006
Slide 1: Q3 2006 Roadshow
Q3 2006 Roadshow 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. These forward-looking statements are based upon current expectations and assumptions regarding a
Slide 2: Broad-based growth
Broad-based growth Underlying sales growth % Foods YTD Q3 YTD Q3 Savoury, Dressings 2.7 3.1 Europe 1.4 3.5 and Spreads Americas 3.5 4.1 Beverages 4.1 6.5 and Ice Cream Asia/Africa 8.0 7.5 HPC Total 3.9 4.8 Home Care 1.9 2.7 Personal Care 6.5 6.8 Operating margin Q3 and YTD YTD Q3 Operating Margin 14
Slide 3: Drivers of EPS; Returning cash to shareholders
Drivers of EPS YTD (%) Underlying sales growth 4 A&P (4) Restructuring, disposals and impairments 7 Operating profit 7 Interest and pensions financing 4 Other income (JVs etc.) 1 Tax rate 4 Preference share provision (11) Total EPS growth 5 Returning cash to shareholders • Cash returned to sharehold
Slide 4: Progress on One Unilever; Our long term ambition
Progress on One Unilever – Top 20 countries One top team Single head office One sales force Back office integration Regional shared services 0% 20% 40% 60% 80% 100% Completed Announced Our long term ambition Overarching ambition remains top one-third TSR Long term targets: FCF €25-30bn during 2005-2
Slide 5: Driving performance to the next level
Driving performance to the next level Build a winning portfolio Improvement in core capabilities Brilliant Win with consumer customers marketing Local roots and global scale Build a winning portfolio Drive Build leadership strength in positions in high growth key markets spaces Focusing resources be
Slide 6: Brilliant consumer marketing
Improvement in core capabilities A focus for 2006 - crafting and leveraging global brand mixes Brilliant consumer marketing Applying the same methods and standards to all our brands Improvement in core capabilities Win with Building Brands Through customers Customers Customer World Class Winning Ser
Slide 7: Scale, agility, one face to customers
Scale, agility, one face to customers Customer Management in the USA - our unique store reach The organisation to deliver A single management team in all markets Local roots Simplified, standardised business processes and global Majority of top 20 businesses reporting directly scale to the Unilever
Slide 8: The operating executive structure
The operating executive structure Group Chief Executive Patrick Cescau President President Finance Europe Foods Rudy Markham Kees van der Graaf Vindi Banga President President Human Resources Americas HPC Sandy Ogg John Rice Ralph Kugler President Distinct, complementary roles Asia / Africa Harish M
Slide 9: Regaining Momentum in Europe
Regaining Momentum in Europe Our European change program CONSUMERS CUSTOMERS Rejuvenate and support the core Build Rebalance our excellence in price-value equation customer development Focus behind fewer, bigger innovations Simplify our European organization ONE UNILEVER 9
Slide 10: Rejuvenating the core - Magnum; Knorr bouillon
Rejuvenating the core - Magnum Rebalancing the price-value equation - Knorr bouillon A range of bouillons with carefully selected ingredients. Because good food deserves Knorr 10
Slide 11: Driving for Growth - Personal Care
Focus on fewer, bigger innovations – Cif Power Cream The universal power of Cif Cream in a range of convenient, high-performance sprays - for the kitchen, ideal for grease and sticky mess - for the bathroom, optimally engineered to remove limescale and soap scum - and now with bleach. Driving for Gr
Slide 12: Deodorant - Dove Invisible
Deodorant Click Global Launch Teens Latin America Rexona Fresh Touch Sport for Men World Cup activation Silk Dry Dove Invisible A patented combination of translucent anti-perspirant ingredients that are unbeatable against white marks, while delivering protection and a light, fresh fragrance. 12
Slide 13: Hair - Sunsilk launch in North America
Hair Clear Ultimate anti-dandruff care Sunsilk Care and repair Dove Enriched with lipids Because lightened and darkened hair need different care Sunsilk launch in North America $200m national launch of the brand to solve your hair dramas 13
Slide 14: Skin - Dove Summer Glow
Skin Dove Fresh Touch Axe With pure cucumber extract and A mind-altering range of soothing green tea - for skin that gels for guys’ different feels smooth, hydrated and shower needs refreshed Dove Summer Glow A light moisturising body lotion, with a unique combination of special Dove moisturisers an
Slide 15: Driving for Growth - D&E Markets
Driving for Growth - D&E Markets YTD 2006 • Delivered 8% growth • Focus on innovation and distribution in high growth spaces generating growth ahead of the market • Major contribution to Unilever growth • Broad-based progress across countries and categories Unilever in D&E - a sustainable growth sto
Slide 16: Drivers of growth in D&E - availability and affordability
Drivers of growth in D&E - availability Reaching shoppers in rural areas…. …and through the traditional and modern trade in urban areas Drivers of growth in D&E - affordability Blue Band Rin/Surf margarine sachets low price fabric cleaning Rama sachets affordable dairy cream alternatives Knorr Cubit
Slide 17: Driving for Growth - Vitality in Foods
Drivers of growth in D&E - consumer intimacy Omo Baby Lipton Milk Tea hypoallergenic for babies’ sensitive Knorr Salad Seasoning (China) skin (Turkey) Arabia Sunsilk - tailored solutions to local hair dramas Anti-Dandruff Clean & Fresh For Hair That Anti Sponge solves dandruff nourishes and Breaks a
Slide 18: Goodness of fruit and soya - AdeZ; Wishbone Salad Spritzers
Goodness of fruit and soya – AdeZ AdeZ - a Healthy Drink that combines the Goodness of Soya with the Refreshment , Taste & Health from Fruit Juice! Wishbone Salad Spritzers Salad dressings in breakthrough easy-to-use spray bottles to control the amount of dressing added to salads, with one calorie p
Slide 19: Ways to a healthy heart - Flora/Becel
Slim.Fast Vitacal delays the absorption of fat in the gut resulting in stronger ‘satisfaction signals’ to the brain, making you feel fuller for longer Ways to a healthy heart - Flora/Becel We have expanded the heart health benefits of the brand from cholesterol-reducing in our core spreads category…
Slide 20: Driving for Growth - Vitality in HPC
“Tea Can Do That” – Lipton Lipton’s unique combination of health benefits, with antioxidants to fight free radicals Driving for Growth - Vitality in HPC 20
Slide 21: Dove Campaign for Real Beauty; Lifebuoy
Dove Campaign for Real Beauty Making women feel more beautiful every day by widening today’s narrow stereotypical view of beauty Singapore Brazil UK Promoting hygiene in Asia - Lifebuoy The Lifebuoy hand-washing programme helps save the lives of millions of children in India and Indonesia 21
Slide 22: Partnering the World Dental Federation - Signal; Dirt is Good
Partnering the World Dental Federation - Signal Encouraging oral health around the world through practical, sustainable programmes, activated locally. The 5c toothbrush also brings affordable quality to low income consumers Freedom from cleaning - Dirt is Good The “Dirt is Good” campaign, rolled out
Slide 23: Dirt Is Good - Actigel tablets; Concentrated liquids
Dirt Is Good – Actigel tablets Laundry tablets with a unique gel layer containing pre-treating agents that tackle even the toughest stains Making laundry life easier - Concentrated liquids First to the US market with a liquid that is three times concentrated for a powerful clean – easier to carry, p
Slide 24: Domestos with C-TAC; Our portfolio
Domestos with C-TAC Efficacy A dual action bleach with longer lasting protection (Bacterial Kill) from germs 80 70 Regular bleach 60 50 40 Bleach with CTAC 30 20 SUPERIOR 10 LONGER LASTING EFFICACY 0 number of flushes 1 flush 5 flushes Our portfolio Foods Home & Personal Care Savoury & Dressings Ski