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Annual Report and Accounts 2022 Highlights

Find out about our strategy, our performance in 2022, and how we are becoming faster and simpler.

Delivering sustainable business performance

Unilever is one of the world’s largest consumer goods companies with a portfolio of leading purposeful brands, an unrivalled presence in future growth markets, and a determinedly commercial focus as a sustainable business.

Find out more about Unilever in our Annual Report and Accounts (PDF 15.43 MB)

Clear investment choices for growth

We are creating value for our multiple stakeholders through the clear investment choices we have made in our Compass strategy for Sustainable Growth.

Read about our Compass Strategy in our Annual Report and Accounts (PDF 15.43 MB)

Liquid I.V.

A group of people are dancing in a street. A lady drinks from a bottle of Liquid I.V. with the words ‘3 times the electrolytes of traditional sports drinks’ displayed on screen.

The group continue dancing and the camera pans out and up to show the sky between palm trees.

The words ‘Liquid I.V. – number 1 powdered hydration brand in America’ are displayed on screen.

Consistent and competitive performance

Along with our step-up in operational excellence, we are improving the consistency and competitiveness of our performance.

Read about Unilever Group performance in our Annual Report and Accounts (PDF 15.43 MB)

Hellmann’s

A woman looks into a refrigerator, takes out a jar of Hellmann’s mayonnaise, dollops a spoonful onto a plate of fajitas then starts eating the wrapped fajita.

A man slices tomatoes next to a jar of Hellmann’s mayonnaise then presses down on a sandwich.

Another man scrapes Hellmann’s mayonnaise out of a jar before presenting a plate of salad.

A jar of Hellmann’s mayonnaise with a spoon lying next to it with the words ‘Make taste not waste – we’re on the side of food’ displayed on screen.

Strong growth from our Business Groups and biggest brands

2022 saw broad-based growth across our five Business Groups and strong performance from our biggest brands.

Home Care

  • Fabric Cleaning saw double-digit competitive growth, driven by pricing which was slightly offset by volume decline.
  • Fabric Enhancers grew high single-digit led by price with some volume decline.
  • Home & Hygiene grew by low single-digit with high pricing offset by volume decline.
  • Our innovation programme Clean Future continued to inspire winning innovations to the mass market.

Faster and simpler

2022 was transformative for Unilever as we created our new Compass Organisation and continued to embed a high-performance culture.

Read about our People & Culture in our Annual Report and Accounts (PDF 15.43 MB)

Disclaimers

Legal notice related to material on this page

The material on this Unilever Annual Report and Accounts Highlights webpage (the "Material") relates to the year ended 31 December 2022 and is provided for general information only. The Material does not (i) form part of the Unilever Annual Report and Accounts 2022 or Annual Report on Form 20-F 2022; or (ii) contain sufficient information to allow as full an understanding of the results and the state of affairs of Unilever as the Unilever Annual Report and Accounts 2022 or Annual Report on Form 20-F 2022.

As such this Material should not be relied upon or used as the basis for making voting or investment decisions without consulting the full Unilever Annual Report and Accounts 2022 or Annual Report on Form 20-F 2022 and other more complete or up-to-date sources of information. Information relating to Unilever's results for current and prior periods do not necessarily reflect future trends, nor do they provide indicators of results for like periods.

This Material is not intended to be and shall not be deemed to be an invitation or inducement to invest in or otherwise deal in any securities of the Unilever Group or in any other investment, nor to provide or constitute any advice or recommendation in connection with any investment decision, nor to constitute an offer to provide services in any jurisdiction in which the Unilever Group is not permitted to do so under any applicable law or regulation.

Cautionary statement

This document may contain forward-looking statements, including ‘forward-looking statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995. Words such as ‘will’, ‘aim’, ‘expects’, ‘anticipates’, ‘intends’, ‘looks’, ‘believes’, ‘vision’, or the negative of these terms and other similar expressions of future performance or results, and their negatives, are intended to identify such forward-looking statements. Forward-looking statements also include, but are not limited to, statements and information regarding the Unilever Group’s (the ‘Group’) emissions reduction targets and other climate change related matters (including actions, potential impacts and risks associated therewith). These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Group. They are not historical facts, nor are they guarantees of future performance or outcomes.

Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. Among other risks and uncertainties, the material or principal factors which could cause actual results to differ materially are: Unilever’s global brands not meeting consumer preferences; Unilever’s ability to innovate and remain competitive; Unilever’s investment choices in its portfolio management; the effect of climate change on Unilever’s business; Unilever’s ability to find sustainable solutions to its plastic packaging; significant changes or deterioration in customer relationships; the recruitment and retention of talented employees; disruptions in our supply chain and distribution; increases or volatility in the cost of raw materials and commodities; the production of safe and high quality products; secure and reliable IT infrastructure; execution of acquisitions, divestitures and business transformation projects; economic, social and political risks and natural disasters; financial risks; failure to meet high and ethical standards; and managing regulatory, tax and legal matters. A number of these risks have increased as a result of the current war in Ukraine.

These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

This document also contains data on the Group’s Scope 1, 2 and 3 emissions. Scope 1 and 2 emissions data is relatively easy to gather as it relates to emissions from the Group’s own activities and supplied heat, power and cooling. Scope 3 emissions relate to other organisations’ emissions and is therefore subject to a range of uncertainties, including that data used to model lifecycle footprints is typically industry-standard data rather than relating to individual suppliers; lifecycle models such as the Group’s cover many but not all products and markets; and international standards and protocols governing emissions calculations and categorisations evolve, as do accepted norms regarding terminology such as carbon neutral and net zero. As value chain emissions data improves, shifting over time from generic modelled data to more specific data, the data reported in this document is likely to evolve.

Further details of potential risks and uncertainties affecting the Group are described in the Group’s filings with the London Stock Exchange, Euronext Amsterdam and the US Securities and Exchange Commission, including in the Annual Report on Form 20-F 2022.

This document is not prepared in accordance with US GAAP and should not therefore be relied upon by readers as such. The Annual Report on Form 20-F 2022 is separately filed with the US Securities and Exchange Commission and is available on our corporate website.

www.unilever.com

In addition, a printed copy of the Annual Report on Form 20-F 2022 is available, free of charge, upon request to Unilever, Investor Relations Department, 100 Victoria Embankment, London EC4Y 0DY, United Kingdom.

This document comprises regulated information within the meaning of Sections 1:1 and 5:25c of the Act on Financial Supervision (‘Wet op het financieel toezicht (Wft)’) in the Netherlands.

The brand names shown in this report are trademarks owned by or licensed to companies within the Group.

References in this document to information on websites (and/or social media sites) are included as an aid to their location and such information is not incorporated in, and does not form part of, the Unilever Annual Report and Accounts 2022.

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