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0.000157778479015431 0.000473335437046405 0.00299779110129375 0.00157778479015465 0.00268223414326289 0.00094667087409281 -0.000473335437046405 -0.00520668980751023
Stock impact report

Why Unilever should be in no rush to exit food [Yahoo! Finance]

Unilever PLC American Depositary Shares (each representing One Ordinary Share) (UL) 
US:NYSE Investor Relations: unilever.com/investor-relations
Company Research Source: Yahoo! Finance
believe the FMCG giant will leave the sector at some stage, they argue the Hellmann's maker shouldn't dash for the door just yet. This publication feels like it's been writing about Unilever's future in food for almost two decades. In his ten years at the helm, former CEO Paul Polman talked often about “weeding and feeding” the company's food operations – offloading some brands and investing in others as a way of driving growth from that side of the business. The Dutchman presided over a series of disposals – from Skippy and Slim-Fast to larger divestments in areas like spreads and tea – and regularly faced questions about Unilever's future in food. The debate has continued under his successors as Unilever continued to sell or hive off assets in food, including more recent moves like the deals to offload The Vegetarian Butcher and Unox, or, more strikingly, the listing of its ice-cream business as The Magnum Ice Cream Company in December. Yesterday (17 March), Bloomberg reported Show less Read more
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