Fernando Fernández & Unilever

Fernando Fernández: As Unilever CEO, Fernandez announced the strong results and expressed confidence in the joint venture with McCormick.

Unilever: Unilever reported strong sales and raised its outlook, with shares rising 6%. The company is proceeding with a joint venture to spin off its food business, which is expected to unlock value.

Fernando Fernández: CEO of Unilever, described India as a key contributor and plans continued investment.

Unilever: India accelerated strongly, achieved record market share in Laundry and Hair, and plans continued investment.

Fernando Fernández: Fernando Fernández, CEO of Unilever, signaled a sharper focus on beauty and wellness, which prompted McCormick & Company to pursue Unilever's food business.

Unilever: Unilever is selling its food business to McCormick & Company for nearly $45 billion, aligning with its strategic shift to focus more on beauty and wellness products.

Fernando Fernández: Unilever's CEO highlighted India as key to growth, intensifying competition with P&G.

Unilever: Unilever is doubling down on India, intensifying competition with P&G in the market.

Fernando Fernández: As CEO of Unilever, Fernando Fernández highlighted the opportunities arising from supply constraints in the global market, particularly in India and Southeast Asia, which are supporting Unilever's volume growth.