Unilever(UK)(US:UL)2025-09-09 12:32Financial Data and Key Metrics Changes - The company is projected to achieve a medium-term growth rate of 3% to 5% annually, marking a significant turnaround from previous underperformance [109][111] - The company aims to reduce costs by CHF 500 million through various productivity initiatives, including supply chain optimization and overhead reductions [111][112] Business Line Data and Key Metrics Changes - The company has revamped its organization to focus on ice cream, resulting in a dedicated sales force and the addition of 1,000 sales representatives, which has improved market share and profitability [68][95] - The away-from-home business accounts for approximately 40% of global turnover, with significant investments being made to modernize and digitize the cabinet fleet [98][100] Market Data and Key Metrics Changes - The global ice cream market is estimated to grow at a rate of 3% to 4% annually, driven by increased snacking occasions and premiumization trends [30][35] - The premium segment of the market is growing at 5%, outpacing the mainstream segment, which grows at approximately 3% [35] Company Strategy and Development Direction - The company is focused on unlocking growth through innovation, premiumization, and a detailed marketing strategy that targets specific consumer occasions [72][75] - A new tech strategy is being implemented to enhance operational efficiency and drive productivity, with a fit-for-purpose tech stack being developed [112] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the competitive landscape, emphasizing the need to grow the overall market while also capturing market share [72][109] - The company is committed to staying ahead of market trends and adapting to consumer preferences, particularly in the context of health and wellness [40][41] Other Important Information - The company holds over 1,000 patents and has a strong innovation pipeline, which is crucial for maintaining its competitive edge in the ice cream market [91] - The company has a significant presence in emerging markets, which are expected to grow faster than developed markets, providing additional growth opportunities [53][66] Q&A Session Summary Question: How does the company plan to address the competitive landscape? - The company plans to grow the overall market while also focusing on capturing market share through targeted marketing and innovation strategies [72][109] Question: What are the key drivers of growth in the ice cream market? - Key drivers include increased snacking occasions, premiumization trends, and the expansion of e-commerce channels [30][35][36] Question: How is the company addressing cost management? - The company is implementing a detailed program to reduce costs by CHF 500 million through supply chain optimization and overhead reductions [111][112]