Unilever will slim down but not spin off food business, says chief

  • 📰 FT
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Hein Schumacher to press ahead with IPO of ice-cream unit as part of turnaround plan for FTSE 100 consumer group

Unilever will slim down but not spin off its food division, its chief executive has said, as the London-listed consumer goods group presses ahead with the listing of its ice-cream unit. Hein Schumacher, who has launched a turnaround plan for the FTSE 100 group, has identified several food brands to “prune”, amounting to about £1bn in sales revenue, he told the Financial Times. Unilever’s food business generated €13.

” Unilever unveiled a new set of strategic priorities on Friday, including focusing investment in its best-performing emerging markets such as India, Indonesia and Brazil, accelerating growth of its premium brands in the US and taking its high-margin beauty and wellbeing businesses international. The company also reiterated its medium-term target for mid-single-digit sales growth and volume growth of 2 per cent. The company expects to achieve €800mn in cost savings by the end of next year.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 113. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Unilever shelves planned sale of its ice cream business to private equityChief executive Hein Schumacher wants to separate division as part of turnaround plan
Fonte: ftenergy - 🏆 47. / 63 Consulte Mais informação »

Unilever shelves private equity plan for its ice-cream businessChief executive Hein Schumacher wants to separate division as part of turnaround plan
Fonte: FT - 🏆 113. / 51 Consulte Mais informação »