Unilever PLC · LSE:ULVR
Unilever — Investor Day (June 2021)
32 slides from Unilever's investor day presentation, Jun 23, 2021
Slide 1: Innovation at Unilever: Deep dive webcast
Innovation at Unilever: Deep dive webcast Richard Slater Chief R&D Officer 23rd June 2021
Slide 2: Safe harbour statement
Safe harbour statement 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. Words such as ‘will’, ‘aim’, ‘expects’, ‘anticipates’, ‘intends’, ‘looks’, ‘believes’, ‘vi
Slide 3: Innovation: One of Unilever's 5 strategic choices
Innovation: One of Unilever’s 5 strategic choices 1. Develop our portfolio into high growth spaces 2. Win with our brands as a force for good, powered by purpose and innovation 3 Accelerate in USA, India, China and leverage emerging markets strength 4. Lead in the channels of the future 5. Build a p
Slide 4: Innovation at Unilever
Innovation at Unilever • World-class R&D Delivering superior and sustainable innovations for competitive advantage • Focused science and technology initiatives Developing science and technology for the future • Transformed innovation portfolio Clear priorities, focus on bigger projects and disciplin
Slide 5: Innovation at Unilever: World-class R&D
Innovation at Unilever • World-class R&D • Focused science and technology initiatives • Transformed innovation portfolio • Delivering strategy through innovation 5
Slide 6: Creating superior and sustainable products
Creating superior and sustainable products 6
Slide 7: A world-class R&D function
A world-class R&D function Deep science and Consumer technology expertise obsession >1billion Agile, 5,000 Innovative Deep local >20,000 digital consumer- colleagues, partner connection patents connections centric 51% female ecosystem and insights every day innovation Global scale and Cutting-edge l
Slide 8: Innovation at Unilever: Focused science and technology initiatives
Innovation at Unilever • World-class R&D • Focused science and technology initiatives • Transformed innovation portfolio • Delivering strategy through innovation 8
Slide 9: Focused science and technology initiatives examples
Focused science and technology initiatives 3 examples Renewable Next Plant-based ingredients generation biology 9
Slide 10: Focused science and technology initiatives: Renewable ingredients
Focused science and technology initiatives Renewable ingredients Bio-surfactants Carbon capture Plastics alternatives Renewable and biodegradable World-first innovative pilot First-ever paper detergent pilot Harnessing bio-technology Surfactant from waste emissions Sustainably-sourced pulp Superior
Slide 11: Focused science and technology initiatives: Next generation biology
Focused science and technology initiatives Next generation biology Microbiome Skin barrier Immunity Biome key for skin, hair, oral and Novel pro-lipids technology Clinically-proven, superior gut wellbeing technology Stimulates skin to self-repair World-leader, >100 patents Stimulating skin’s natural
Slide 12: Focused science and technology initiatives: Plant-based
Focused science and technology initiatives: Plant-based Plant - based Dairy-free and vegan Meat alternatives Green polymers New Food Innovation Centre Sustainable and plant-based Alternative to petrochemicals Taste and structure is key Superior taste and texture Superior stain removal Launched on bi
Slide 13: Innovation at Unilever: Transformed innovation portfolio
Innovation at Unilever • World-class R&D • Focused science and technology initiatives • Transformed innovation portfolio • Delivering strategy through innovation 13
Slide 14: Transforming how we innovate
Transforming how we innovate Fewer, bigger activities Sharper innovation Superior Products executed strategies with discipline New innovation Doubled testing vs 2019 More than doubled strategies for all project size categories From <50% to >65% of turnover tested winning Stopped >30% of projects Cho
Slide 15: Innovation at Unilever: Delivering strategy through innovation
Innovation at Unilever • World-class R&D • Focused science and technology initiatives • Transformed innovation portfolio • Delivering strategy through innovation 15
Slide 16: Delivering strategy through innovation
Delivering strategy through innovation Core Future Growth Transformation Premiumisation Spaces 16
Slide 17: Delivering strategy through innovation
Delivering strategy through innovation Core Future Growth Transformation Premiumisation Spaces 17
Slide 18: Rexona - Superior performance at the core
Rexona - Superior performance at the core Core Transformation 81% 81% of of people people experience experience wetness wetness and and odour odour issues issues Unique, Patentedpatented technology, 72-hour technology offers 72 protection hour protection Superior Superior vs vs rest of competition m
Slide 19: Knorr – Healthier portfolio transformation
Knorr – Healthier portfolio transformation Core Transformation Reducing salt a key WHO nutrition objective 1000s of digital experiments in rapid time Patented technology: all the taste but zero salt 19
Slide 20: Dove body wash – Proven superior mildness
Dove body wash – Proven superior mildness Core Transformation Clinically-proven, Superior superior performance moisturisation on through patented, core mildbody wash technology Patented, ‘12-HSA’ 100% recyclable technology; bottles skin care benefits on a wash-off Sustainable Gained >100bps packagin
Slide 21: OMO Concentrate – Unbeatable cleaning & affordability
OMO Concentrate – Unbeatable cleaning & affordability Core Transformation Largest laundry Dilute at home brand formatinusing Latin75% America less plastic Dilute at home Our most format uses 75% biodegradable less plastic, laundry less liquid water and chemicals Affordable and Recession proof conven
Slide 22: Delivering strategy through innovation
Delivering strategy through innovation Core Future Growth Transformation Premiumisation Spaces 22
Slide 23: Magnum Double Caramel – True to pleasure
Magnum Double Caramel – True to pleasure Premiumisation Magnum pints – highly successful format innovation Unique double layer technology with superior taste and sensory experience Advanced food- grade recycling technology – 100% recycled tubs 23
Slide 24: Lux Botanicals – Premium, nature-based innovation
Lux Botanicals – Premium, nature-based innovation Premiumisation Exotic sensorials and clinically-proven skin care benefits Locally tailored, launched in China ecommerce, rolling out across Asia Facilitating trade-up from bar soap to liquids 24
Slide 25: Dove Hair Therapy: Premium skin care into hair care
Dove Hair Therapy: Premium skin care into hair care Premiumisation Premium hair care segment growing at 30% Patented formula with clinically-proven superiority to luxury brands 160 API vs core range 25
Slide 26: Dove Refillable Deo – Premium and sustainable
Dove Refillable Deo – Premium and sustainable Premiumisation BuyPremium once and refill design 50% less 50% plastic less plastic 98% recycled 98% plastic recycled plastic 100% recyclable 100% recyclable Premium design and 48hr effective ecommerce odour potential protection Ultra Ultra mild mild to s
Slide 27: Delivering strategy through innovation
Delivering strategy through innovation Core Future Growth Transformation Premiumisation Spaces 27
Slide 28: Innovation in high growth spaces
Laundry Hygiene Home & Hygiene Skin Cleansing Deodorants Skin care Oral Care Innovation in high growth spaces Hair Care Prestige beauty Skin Care Prestige Beauty Functional Nutrition Functional nutrition Plant-based Foods Scratch Cooking Ice Cream Plant-based foods Priority focus area Future Growth
Slide 29: Olly – Innovation-led growth
Olly – Innovation-led growth Future Growth Spaces Ambition for €3 billion Functional Nutrition business over next few years Clear and simple consumer benefit- focused variants and accessible formats Opportunity to leverage Unilever scale science & technology 29
Slide 30: Hourglass Red – Prestige vegan beauty
Hourglass Red 0 – Prestige vegan beauty Future Growth Spaces Unilever R&D expertise applied to Prestige beauty First vegan alternative to carmine (beetles) Cruelty-free, with no compromise to colour, vibrancy and intensity 30
Slide 31: Summary: Innovation at Unilever
Summary: Innovation at Unilever • World-class R&D Delivering superior and sustainable innovations for competitive advantage • Focused science and technology initiatives Developing science and technology for the future • Transformed innovation portfolio Clear priorities, focus on bigger projects and
Slide 32: Innovation at Unilever: Deep dive webcast
Innovation at Unilever: Deep dive webcast Richard Slater Chief R&D Officer 23rd June 2021