Unilever PLC · LSE:ULVR
Unilever — Q3 2013 Earnings Presentation
19 slides from Unilever's earnings presentation, Oct 24, 2013
Slide 1: Unilever Q3 2013 Trading Statement
Unilever Q3 2013 Trading Statement Paul Polman / Jean-Marc Huët October 24th 2013
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT This announcement 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: Paul Polman – CEO: Introductory remarks
Paul Polman – CEO Introductory remarks
Slide 4: Jean-Marc Huët – CFO
Jean-Marc Huét — CFO FLAVOURS OF LIFE
Slide 5: Market environment remains challenging
Market environment remains challenging Devaluing currencies Weaker consumer demand Developed markets flat to down vs € ‘13 consumption growth Jan FC Sep FC Q4 12 Q1 13 Q2 13 Q3 13 India Indonesia Brazil Source: Oxford Economics /Haver Analytics
Slide 6: On track despite tough market conditions
On track despite tough market conditions Slowdown in Sequential improvement in Subdued Q3 growth emerging markets developed markets USG USG 2013 growth (%) +10.4% +10.3% +5.9% -1.9% -1.3% -0.3% +4.9% +5.0% +3.2% Price Volume Q1 Q2 Q3 Q1 Q2 Q3 Q1 Q2 Q3
Slide 7: Q3 2013 – Turnover impacted by currency and disposals
Q3 2013 – Turnover impacted by currency and disposals +3.2% -8.5% -1.0% -6.5% €13.4bn €12.5bn Turnover USG Currency Acq/Disp Turnover Q3 '12 Q3 '13
Slide 8: Personal Care: Strong momentum continues
Personal Care: Strong momentum continues Q3 growth (%) Growth ahead of our markets 5.8 Broad-based and volume driven 4.3 Good balance of growth across portfolio 1.4 Supported by margin accretive innovations USG Volume Price
Slide 9: Personal Care innovations
Personal Care innovations Dove Repair Expertise Toni & Guy Vaseline body lotion Oral ‘Expert Protection’ global rollout in US sprays in US & Europe range global rollout
Slide 10: Foods: Performance held back by spreads
Foods: Performance held back by spreads Q3 growth (%) Gradual improvement in spreads but still down 0.7 ‘Goodness of sunflower’ campaigns in Q4 Continued good growth of Knorr cooking products -0.3 Steady growth in dressings -1.0 USG Volume Price
Slide 11: Foods innovations
Foods innovations Country Crock ‘Simply Knorr baking bags Hellmann’s 100 years Delicious’ in US in Latam in US
Slide 12: Home Care: Healthy growth driven by volume
Home Care: Healthy growth driven by volume Q3 growth (%) Strong momentum through market development 6.0 Innovative formats such as liquids 5.5 Increasing usage in fabric conditioners Urbanisation driving household care 0.5 USG Volume Price
Slide 13: Home Care innovations
Home Care innovations New Persil concentrated liquid Comfort Aromatherapy Domestos and Cif pouches detergent in Europe in South East Asia in emerging markets
Slide 14: Refreshment: Stable performance
Refreshment: Stable performance Q3 growth (%) Ice Cream: 2.3 Strong Northern Europe – weather related Weak Southern Europe – economy related 0.7 Shedding low margin business in US Continued growth in Tea -1.6 AdeS soy drinks sales impacted by recall in Brazil USG Volume Price
Slide 15: Refreshment innovations and M&A
Refreshment innovations and M&A Lipton Green Tea New Cornetto T2 acquisition in South Asia global rollout in Australia
Slide 16: Paul Polman – CEO: Concluding remarks
Paul Polman – CEO Concluding remarks
Slide 17: Doing the right things for the long term
Doing the right things for the long term Investing in growth Simplification Accelerating cost opportunities – Project Half reduction
Slide 18: We remain on track for our 2013 priorities
We remain on track for our 2013 priorities 1 Volume growth ahead of our markets 2 Steady and sustainable improvement in core operating margin 3 Strong cash flow
Slide 19: Unilever Q3 2013 Trading Statement
Unilever Q3 2013 Trading Statement Paul Polman / Jean-Marc Huët October 24th 2013