Unilever Aims To Beat 2022 Growth Target While Wrangling Consumer Recession Fears

Unilever’s confidence is unshaken, though “the threat of recession is starting to impact consumer confidence and change in spending patterns and behaviors,” Unilever CEO Alan Jope acknowledged in a 26 July presentation on fiscal 2022 first-half results.

Newly reorganized Unilever PLC believes it is well-positioned to weather peak year-on-year cost inflation in the fiscal 2022 second half, with additional pricing actions planned to shore up brand power even as consumers become more guarded in their spending.

In a 26 July presentation on fiscal 2022 second-quarter and first-half results, the London-based firm reported an 8.1% underlying sales...

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