联合利华Unilever plc（ULVR）2022年半年度报告「LSE」（英文版）（35页）.pdf

Unilever H1 2022 Results presentation outlines the company's financial and strategic performance for the first half of 2022. Key points include: 1. Financial Highlights: - Underlying Sales Growth (USG): 8.8% - Underlying Operating Margin: 17% - Earnings Per Share (EPS): €1.34 - Free Cash Flow: €2.2 billion 2. Strategic Priorities: - Win with brands and innovation - Purpose-led, future-fit organization and culture - Move portfolio into high-growth spaces - Accelerate in the USA, India, China, and EMs - Lead in channels of the future 3. Organizational Changes: - Implementation of a simpler, more category-focused organization - Completion of the Tea business disposal and acquisition of Nutrafol 4. Performance by Segment: - Beauty & Personal Care: 12% turnover, with strong pricing and double-digit growth in Deodorants and Skin care - Foods & Refreshment: Growth in out-of-home ice cream sales and in-home foods - Home Care: Double-digit growth in Fabric Cleaning and Home & Hygiene 5. Commodity Prices and Inflation: - High commodity prices with anticipated greater impact ahead - Inflationary pressures affecting consumer behavior, supply chain, and cost management 6. Outlook: - Expectation to be above the 4.5-6.5% growth range, driven by pricing with some negative impact on volume - Focus on improving margins in 2023 and 2024 - Maintenance of competitive levels of spend in BMI, R&D, and Capex The presentation highlights Unilever's commitment to delivering growth while managing inflationary pressures and investing for the future.