Unilever’s “Mature” Personal-Care Biz Inspires Confidence Despite Economy
This article was originally published in The Rose Sheet
Executive Summary
M&A activity and organic growth have grown Unilever’s personal-care unit into a “mature” business that is gaining share globally while transforming the firm’s U.S. presence, CEO Polman said during a July 24 first-half earnings call. Still, the Anglo-Dutch firm’s personal-care sector struggled in the unstable global environment, with turnover dipping 5.5% in the first half.