Unilever PLC (ULVR) Q1 2025 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:01.263 -- 00:00:04.748 Good morning and welcome to Unilever's first quarter trading statement. 00:00:04.748 -- 00:00:09.434 Thank you for joining us. All of today's webcast is available live transcribed on the 00:00:09.434 -- 00:00:14.521 screen. I will be joined by Srini Patak, who took over as acting CFO in 00:00:14.521 -- 00:00:19.667 March. Srini has been a key partner for me as deputy CFO and group 00:00:19.667 -- 00:00:25.255 controller, having previously been a very successful industrial Unilever CFO. 00:00:25.255 -- 00:00:29.748 I am sure you will enjoy your interaction with Srini in the near future. 00:00:29.748 -- 00:00:33.373 It is a great honor to speak to you as CEO of Unilever. 00:00:33.373 -- 00:00:38.599 As this is my first quarterly announcement since becoming CEO, let me address upfront 00:00:38.599 -- 00:00:41.323 the question of the recent leadership change. 00:00:41.323 -- 00:00:46.229 As I have said on a number of occasions now, this was a forward-looking decision by the 00:00:46.229 -- 00:00:51.716 board. Organizationally, strategically, and operationally, we have made significant 00:00:51.716 -- 00:00:56.763 developments over recent years, all of which are helping to make Unilever a 00:00:56.763 -- 00:01:01.701 stronger, better-performing business. well prepared to face the future. 00:01:01.701 -- 00:01:06.746 Underpinning these big moves, there has been also a renewed focus inside 00:01:06.746 -- 00:01:12.613 the company on performance and executions, the effects of which we see reflected 00:01:12.613 -- 00:01:16.077 in improving competitiveness and improving results. 00:01:16.077 -- 00:01:21.923 In short, the fundamentals of the business are strong and we have good momentum. 00:01:21.923 -- 00:01:27.076 For the next phase of our...