Unilever Plc · LSE:ULVR
Unilever — Investor Presentation (December 2003)
9 slides from Unilever's investor presentation, Dec 2, 2003
Slide 1: Heilbronn, December 2, 2003 - Safe Harbour Statement
Heilbronn December 2, 2003 SAFE HARBOUR STATEMENT: This presentation may contain forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act 1995) based on our best current information and what we believe to be reasonable assumptions about anticipated developm
Slide 2: Global Foodservice Industry; Supplier Market is Highly Fragmented
Global Foodservice Industry Dimension and Geographical Importance Retail sales equivalent Operator food purchases € 1,070bn € 330bn (excl. Japan) LA AMET LA AMET 7% 2% 9% 3% Asia 14% Asia 43% NA 18% 43% NA 34% 27% EU EU Source:Technomics, Euro Monitor, Gira, our estimates 3 Foodservice Supplier Mark
Slide 3: Customer Trends; Consumer Trends
Customer Trends • Continuing increased demand for convenience • Continued decline in kitchen skills • Continued decline of people who want to work in foodservice operators establishments (employer of last resort) • Increasing food safety standards 5 Consumer Trends • Increasing diversity of dishes (
Slide 4: Sales Growth %; A Fully Integrated Foodservice Business
External factors slow growth in 2001-2003 4 3,4 Sales Growth % 2,9 2,5 1,7 Industry (est.) Growth 0 2000 2001 2002 2003 Year Historical market growth at 3 to 4 % through the 1990’s 7 A Fully Integrated Foodservice Business Strong presence in Strong brands in sauces, soups, spreads, tea bouillons, dr
Slide 5: Foods Division; This Unique Structure Allows Us to
Foods Division • One of 2 global business groups - ICFG - UBF Foodsolutions and • 5 regional business groups 9 This Unique Structure Allows Us to: • Single mindedly focus on our foodservice customers • More easily dedicate innovation, sales, marketing general management resources to the foodservice
Slide 6: Business Structure by Regions and Categories
Business Structure by Regions (Sales) 6% 6% 9% Europe 42% North America Asia Latin America AMET 37% 11 Business Structure by Categories 8% 7% Savoury Dressings 17% 47% SCC Inc. Oil/fats Tea Other 21% Excludes ice-cream and SlimFast 12 6
Slide 7: Key Focus in 2001-2003; Synergies 2001-2003
Key Focus in 2001-2003 • Integration of the different parts of the foodservice business (Unilever, Bestfoods, Amora, etc) • Portfolio management / cutting the tail (e.g. exit from bakery, oil and fats businesses) • Leverage brands more strongly and migrates towards the foods global core brands • Sig
Slide 8: Our Vision; Our Mission; Market Trends Reflected in Strategy
Our Vision ‘The Best Solution Provider’ Our Mission We will make our Foodservice Business the fastest growing ‘Best Solution Provider’ for our chosen key customer segments in order to become #1 in Foodservice 15 The Market Situation and Trends Are Reflected in Our Strategy • Superior customer and co
Slide 9: Business Growth
Business Growth Significant accelerated growth since the merger between Unilever and Bestfoods 5% 3,3% 3,4% YTD Vision: 2,9% 2,5% 1,7% To grow at 1,5% YTD 2x market 1% growth rate 2000 2001 2002 2003 2004 ? Historical market growth at 3 to 4 % through the 1990’s UBF Foodsolutions Global foodservice