Unilever Ghana PLC presents 'Facts Behind The Figures' at the Ghana Stock Exchange

Unilever Ghana PLC holds‘Facts Behind The Figures’ forum, organized for listed companies on the Ghanaian bourse.

During the session, Unilever Ghana Managing Director, George Owusu-Ansah, attributed its 2021 half year topline growth of 47% to an improvement in demand underpinned by continued investments in its brands.

Operational discipline together with improved credit and controls management resulted in reduction in cost. Overall loss position reduced by 60% from GHS(16.8)m to GHS (6.7)m.

This performance comes on the back of the strong recovery it posted in 2020, driven mainly by increased sales, cost efficiencies and a robust credit management system.

George Owusu-Ansah, announced that Unilever Ghana is poised to Rediscovering its Greatness in a Globally Challenging Environmentand has committed to implementing a strategy to deliver competitive, consistent, responsible, and profitable growth.

The purpose driven company is looking to improve the power of its brands to facilitate their penetration into more Ghanaianhomes. These activities will be backed by more impactful innovations to meet the challenging needs and demands of the Ghanaian consumer.

George Owusu-Ansah also noted that its sustainability agenda remains fully integrated into the company’s entire organization.

He mentioned that the company’s new sustainability programme dubbed the ‘Compass’, commits to support the global and national agenda for the health of the planet, improvement in the health and wellbeing of people and contribute to a fairer and more socially inclusive society.

End

For more information about Unilever Ghana, kindly contact the Head of Corporate Communications and Sustainability on [email protected] or by phone on 0206436295.

About Unilever Ghana

Unilever Ghana was established in 1992 through the merger of UAC Ghana and Lever Brothers, which had been in existence since the 1920s.

The company is listed on the Ghana Stock Exchange. Unilever produces some of the leading Home Care, Personal Care and Food products on the Ghana market. The company has a factory and its Headquarters in Tema.

Its brands, notably, Key Soap, Sunlight, Omo, Champion Carbolic, Lifebuoy, Pepsodent, Close-Up, Lux, Geisha are available on the market to serve the needs of all households in Ghana every day.

The company employs about 3,000 people directly and indirectly across its Value Chain.