Unilever to adopt quarterly trading statements

Published: 29-Nov-2010
Finance

Giving discussions a more meaningful, long-term focus


Unilever is following a number of other companies changing the way it reports its results. From the start of its 2011 financial year the company will release a quarterly trading statement for quarters 1 and 3 rather than publishing full financial results. The trading statements will give details of sales performance in the quarter, with enhanced category disclosure and a full accompanying commentary.

Unilever says the change will provide a better understanding of the top-line performance of the business, its categories and brands on a quarterly basis, but will ensure that discussion of the full financial results is focused on a more meaningful time period of six months. The idea is to improve the communication of performance and move from a short to a longer term focus that will better reflect the way the company manages the business.

The first quarterly trading statement will be published for Q1 2011 on 28 April 2011. Full financial results will be published for the half-year and full year, also incorporating enhanced category disclosure.

See more

You may also like

Finance

Unilever appoints Srinivas Phatak as CFO and board member

Read more
Following 26 years at the company and more than six months as acting Chief Financial Officer, the board of directors has appointed Phatak permanently, in addition to a spot on the board

Trending Articles

  1. L'Oréal, LVMH and Luxottica named preferred buyers of Giorgio Armani empire The late Italian fashion designer has given purchasing priority to L'Oréal, along with LVMH, owned by the world’s richest man, Arnault Bernard, and eyewear brand Luxottica
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Marionnaud pulls out of Poland The retailer is looking to complete the process in Q1 of 2014
  3. You need to be a subscriber to read this article.
    Click here to find out more.
    From Estée Lauder to Chanel: The beauty industry’s biggest job cuts of 2025 Mass beauty brand owners and luxury firms alike have made layoffs this year amid falling sales and tough economic challenges. Are more to come?
  4. Face The Future grows luxury hair portfolio with Luxurious Look acquisition The online beauty retailer’s acquisition of the luxury hair care retailer comes as Face The Future enters a new growth phase
  5. Klarna launches new shopping app allowing users 'buy now, pay later' via any online retailer The app has been rolled out to UK-based consumers and means users can split the cost even if the store has not officially partnered with the Swedish fintech

Upcoming event

13th Annual Beauty Trends & Innovations Conference

24 September 2025 | London, UK See all

You may also like

Finance

Unilever appoints Srinivas Phatak as CFO and board member

Following 26 years at the company and more than six months as acting Chief Financial Officer, the board of directors has appointed Phatak permanently, in addition to a spot on the board
You need to be a subscriber to read this article.
Click here to find out more.
Recruitment

From Estée Lauder to Chanel: The beauty industry’s biggest job cuts of 2025

Mass beauty brand owners and luxury firms alike have made layoffs this year amid falling sales and tough economic challenges. Are more to come?
Finance

Unilever to review 200 leadership jobs to eradicate ‘pockets of mediocrity’

Unilever CEO Fernando Fernandez said he wants to replace around 25% of senior roles at the consumer goods giant, which owns brands like Dove and K18
Finance

Unilever’s turnover for first half 2025 down 3.2% with subdued growth in beauty

The consumer goods giant’s turnover came in at €30.1 billion for the period, with its underlying sales growth increasing 3.4%, thanks in part to its Wellbeing division delivering ‘strong’ growth
Male Grooming

Unilever to acquire viral men’s grooming brand Dr. Squatch

Dr. Squatch, which divided opinion recently with its Sydney Sweeney bathwater soap launch, is being snapped up by the British consumer goods giant for an undisclosed sum
You need to be a subscriber to read this article.
Click here to find out more.
Finance

REN Skincare closure lesson: why beauty giants must bring scrappy indie agencies into the M&A mix

Following Ren Skincare’s closure this year, consultant Viola Levy argues why beauty conglomerates need to pay attention not just to indie brands, but to those indie agencies that helped build them
You need to be a subscriber to read this article.
Click here to find out more.
Finance

Beauty’s M&A slowdown: What’s got everyone so scared?

There has been a marked shift in the rate of beauty acquisitions in 2025. What has triggered the industry’s loss of appetite for portfolio expansions?
Subscribe now