Unilever(UK)(UL)

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Unilever(UK)(UL) - 2023 Q4 - Annual Report
2024-03-13 16:00
Financial Performance - In 2023, Unilever experienced net material inflation of approximately €1.8 billion, which was mitigated through increased productivity and product pricing strategies [1744]. - The dividend per share for 2023 was £1.48, consistent with the previous year, while the US Registry dividend was $1.86 [1731]. - In 2023, sales in Iran accounted for significantly less than 0.5% of Unilever's worldwide turnover, with gross revenues of approximately €3,273,897 and net profits of less than €1,442,981 [1749]. - PLC received $5,274,810 from Deutsche Bank for processing cash distributions and other reimbursements in fiscal year 2023 [1791]. - No material defaults or delinquencies were reported regarding the payment of principal or dividends for the Group [1792][1793]. - As of December 31, 2023, Unilever had US$11.2 billion of outstanding Notes, an increase from US$10.75 billion in 2022 and a decrease from US$12.1 billion in 2021 [5]. - The coupon rates for the outstanding Notes range from 0.626% to 5.900%, with repayment scheduled between March 7, 2024, and August 12, 2051 [5]. Research and Development - The company invested around €900 million in R&D annually over the last three years, focusing on innovation and sustainability [1738]. - Unilever holds over 20,000 patents and has more than 100 patents related to microbiome research, leading to new product innovations [1738][1740]. - Unilever's innovation strategy includes the use of digital and automated technology in its innovation centers, enhancing efficiency and speed to market [1739]. - The company is committed to sustainability goals, focusing on renewable materials and reducing plastic pollution through R&D efforts [1741]. Employee Relations - The average number of employees in 2023 included 129 seasonal workers, reflecting a stable relationship with labor unions [1716]. - Unilever's global employee share plan 'SHARES' allows employees to invest between €10 and €200 per month, with 331,195 shares outstanding as of February 2024 [1717]. - The company operates multiple share plans in North America, governed by the Unilever North America Omnibus Equity Compensation Plan, amended in November 2022 [1718]. Cybersecurity - Unilever's internal Cyber Security function is supported by a global team and external partners, ensuring alignment with cybersecurity industry best practices [1751]. - The Audit Committee has maintained a regular focus on cybersecurity risk oversight in 2023, with quarterly briefings provided by management [1752]. - Cybersecurity risk management is a principal risk for Unilever, with the Chief Financial Officer and Chief Business Operations Officer responsible for oversight [1754]. - Unilever has established a Cyber Security Risk Management Framework aligned with industry-standard methodologies, promoting a culture of cybersecurity awareness [1762]. - The Cyber Security Assurance team conducts independent evaluations of the risk posture of key systems and operations, influencing continuous improvement initiatives [1762]. - Unilever's cybersecurity controls and risk posture are regularly reviewed, with established incident response procedures in place to minimize business impact from potential cyber incidents [1762]. Shareholder Information - Approximately 40% of Unilever's ordinary shares were held in the United States in 2023, with 1,878 registered holders of American Depositary Receipts [1726]. - In 2023, PLC purchased a total of 31,734,256 ordinary shares or ADSs, with an average price paid per share ranging from £39.69 to £43.28 throughout the year [1800]. - The maximum number of shares that may yet be purchased under announced plans or programs reached 31,734,256 by the end of 2023 [1800]. - PLC's Articles of Association modifications require approval by a general meeting of shareholders, with specific thresholds for affected classes [1798][1799]. - The company has only fully paid shares in issue, with no outstanding ordinary shares eligible for redemption [1796]. - The company has not conducted any share repurchases between December 31, 2023, and February 22, 2024 [1800]. - The company is subject to US backup withholding and information reporting requirements for payments made to US holders of ordinary shares or ADSs [1785]. Operational Efficiency - The company has no plans for significant expansion or construction of new facilities, indicating a focus on optimizing existing operations [1750]. - Unilever's existing facilities are deemed satisfactory for current business needs, with no material environmental issues affecting properties [1750]. - Management assessed the effectiveness of internal control over financial reporting as of December 31, 2023, concluding it was effective, excluding two recently acquired entities that constituted 1.09% of total assets [1802]. - Audit fees for KPMG LLP in 2023 amounted to €23 million, consistent with the previous year [1803]. - The total fees paid for services in 2022 and 2021 were each less than €1 million, consistent with 2021 [4].
Unilever(UK)(UL) - 2023 Q4 - Annual Report
2024-03-13 16:00
italizante LEAR HAIR FALL EXPERT Realising our full potential Unilever Annual Report and Accounts 2023 ilever In this report Strategic Report About Unilever Review of the Year Our Performance Our Principal Risks Governance Report Financial Statements Online You can find more information about Unilever online at www.unilever.com The Unilever Annual Report and Accounts 2023 (and the Additional Information for US Listing Purposes) along with other relevant documents can be downloaded at www.unilever.com/invest ...
Unilever(UK)(UL) - 2023 Q4 - Earnings Call Transcript
2024-02-08 13:22
Unilever PLC (NYSE:UL) Q4 2023 Earnings Conference Call February 8, 2024 3:00 AM ET Company Participants Hein Schumacher - CEO & Director Fernando Fernandez - CFO & Director Conference Call Participants Thomas Sykes - Deutsche Bank Guillaume Delmas - UBS Warren Ackerman - Barclays Bank Jean-Olivier Nicolai - Goldman Sachs Group Jeffrey Stent - BNP Paribas Exane Sarah Simon - Morgan Stanley Bruno Monteyne - Sanford C. Bernstein & Co. Fulvio Cazzol - Berenberg David Hayes - Jefferies Karel Zoete - Kepler Cheu ...
Unilever(UK)(UL) - 2024 Q1 - Quarterly Report
2024-02-07 16:00
FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 Dated February 08, 2024 Commission File Number: 001-04546 UNILEVER PLC (Translation of registrant's name into English) UNILEVER HOUSE, BLACKFRIARS, LONDON, ENGLAND (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F..X.. Form 40-F I ...
Unilever PLC (UL) Presents at Barclays Fireside Chat Conference (Transcript)
2023-12-14 18:41
Unilever PLC (NYSE:UL) Barclays Fireside Chat Conference December 14, 2023 10:00 AM ET Company Participants Hein Schumacher - CEO Conference Call Participants Warren Ackerman - Barclays Warren Ackerman Hello, everybody. I am Warren Ackermann, Head of Consumer Staples at Barclays. Hope you are well. It’s great to be hosting this fireside chat with Unilever’s CEO, Hein Schumacher. Thanks for your time, Hein. Hein Schumacher Good morning, Warren. Question-and-Answer Session Q - Warren Ackerman So let’s get cra ...
Unilever(UK)(UL) - 2023 Q3 - Earnings Call Transcript
2023-10-27 22:59
Hein Schumacher - Chief Executive Officer Graeme Pitkethly - Chief Financial Officer Jemma Spalton - Head of Investor Relations Good morning, and welcome to Unilever's Third Quarter Trading Statement and CEO update. Today's agenda will run as follows. Firstly, Graeme will update you on our quarter three performance and the outlook. I will then share my action plan to lift Unilever's performance to achieve our full potential. We will leave plenty of time to take your questions at the end. Graeme Pitkethly qu ...
Unilever(UK)(UL) - 2023 Q2 - Earnings Call Presentation
2023-08-10 12:36
| --- | --- | --- | --- | --- | --- | |-------------------------------------|-------|-------|-------|-------|-------| | | | | | | | | Unilever H1 2023 Results | | | | | | | SCHUMACHER & GRAEME PITKETHLY HEIN | | | | | | | 25 JUL 2023 | | | | | | Safe harbour statement This document 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', 'inte ...
Unilever PLC (UL) H1 2023 Earnings Call Transcript
2023-07-25 11:37
Unilever PLC (NYSE:UL) H1 2023 Earnings Conference Call July 25, 2023 3:00 AM ET Company Participants Richard Williams - Head of Investor Relations Hein Schumacher - Chief Executive Officer Graeme Pitkethly - Chief Financial Officer Conference Call Participants Olivier Nicolai - Goldman Sachs Rashad Kawan - Morgan Stanley Jeff Stent - Exane Warren Ackerman - Barclays Celine Pannuti - JPMorgan Guillaume Delmas - UBS Tom Sykes - Deutsche Bank Alicia Forry - Investec Operator Hello and welcome to Unilever's Ha ...
Unilever(UK)(UL) - 2023 Q2 - Quarterly Report
2023-07-24 16:00
FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 REPORT OF FOREIGN ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 Dated July 25, 2023 Commission File Number: 001-04546 UNILEVER PLC (Translation of registrant's name into English) UNILEVER HOUSE, BLACKFRIARS, LONDON, ENGLAND (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F..X.. Form 40-F Indic ...
Unilever(UK)(UL) - 2023 Q1 - Earnings Call Transcript
2023-04-28 00:22
Unilever PLC (NYSE:UL) Q1 2023 Earnings Conference Call April 27, 2023 3:00 AM ET Company Participants Richard Williams - Head of Investor Relations Alan Jope - Chief Executive Officer Graeme Pitkethly - Chief Financial Officer Conference Call Participants John Ennis - Goldman Sachs David Hayes - Societe Generale Tom Sykes - Deutsche Bank Martin Deboo - Jefferies Warren Ackerman - Barclays Pinar Ergun - Morgan Stanley Celine Pannuti - JPMorgan Operator [Operator Instructions] We would like to now turn the c ...