Unilever Values Beauty, Supplement Sectors As It Considers Leaving Others

Unilever reported 0.5% full-year sales growth for the beauty and personal care division to €5.6bn and overall growth was 2.9% to €52bn, but the fourth quarter was its weakest in more than a decade, with reported sales growth at 1.5% to €12.6bn.

4th quarter computer key on key board

Unilever PLC’s prestige beauty lines and its dietary supplements products are “bright spots” as it reviews its portfolio and considers divesting its tea business and potentially others.

The prestige beauty unit delivered double-digit growth with most brands contributing and reached over €600m ($661.7m) turnover in 2019, the...

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