Unilever Plc · LSE:ULVR
Unilever — Q1 2015 Earnings Presentation
14 slides from Unilever's earnings presentation, Apr 16, 2015
Slide 1: Unilever Trading Statement Q1 2015
Unilever Trading Statement Q1 2015 Jean-Marc Huët / Andrew Stephen 16th April 2015
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: Market conditions remain challenging
Market conditions remain challenging Price deflation in Europe Gradual recovery in the US Divergent Emerging Markets Eurozone Consumer Price Inflation (%) Consumer sentiment Consumer spending (% change) 0.7% India S Africa 0% Brazil -2% Russia 2013 2015 Apr 13 Mar 15 2013 2015 Source: Oxford Economi
Slide 4: Q1 2015: Double-digit turnover growth
Q1 2015: Double-digit turnover growth USG +2.8% +0.9% +1.9% -1.2% +10.6% €11.4bn €12.8bn +12.3% Turnover Vol/mix Price M&A FX Turnover Q1 2014 Q1 2015
Slide 5: Andrew Stephen
Andrew Stephen Sagat Bitter toe Cream pecan eens Better Sogar Bite hele 54 nen PL — 4
Slide 6: Q1 2015: Broad-based growth
Q1 2015: Broad-based growth Personal Care Foods Refreshment Home Care USG +2.7% +2.9% +2.5% +3.1% Volume Price
Slide 7: Q1 2015: Emerging markets driving growth
Q1 2015: Emerging markets driving growth Emerging Developed Emerging markets: Now approaching 60% of turnover USG +5.4% (0.7)% Pricing to recover increased local costs Volume growth subdued in weak markets Developed markets: Pick-up in volume helped by Easter Price deflation in Europe Volu
Slide 8: Jean-Marc Huët
Jean-Marc Huët
Slide 9: Building growth momentum through innovation
Building growth momentum through innovation Sharper category strategies Building the core Expanding our brands Clear choices in allocating resources E.g. new Dove Body Wash in Europe E.g. Zendium toothpaste in France
Slide 10: Strengthening go-to-market capabilities
Strengthening go-to-market capabilities IT enabled distributor system Extending distribution Growing e-commerce Rolling out to SEA and Africa E.g. SEA: €500m opportunity 40% target growth in 2015
Slide 11: Sharpening execution
Sharpening execution Rolling out Perfect Stores Improving sales and Optimising pricing and operations planning assortment 20 million by 2020 10 million by end 2015 Rolling out best practices 1 Euro and 1 Turkish Lira Cornetto
Slide 12: Our priorities for 2015 remain unchanged
Our priorities for 2015 remain unchanged Volume growth ahead of our markets Steady and sustainable improvement in core operating margin Strong cash flow
Slide 13: An attractive, growing and sustainable dividend
An attractive, growing and sustainable dividend 8% p.a. dividend growth over 35 years 2014: FX headwinds increased pay-out to 70% 2015 • 6% increase consistent with last year • FX tailwinds should reduce pay-out ratio 1980 2015 Creating long term value for shareholders
Slide 14: Unilever Trading Statement Q1 2015
Unilever Trading Statement Q1 2015 Jean-Marc Huët / Andrew Stephen 16th April 2015