Skip navigation

Gloucestershire Business News

Unilever "in good shape" on back of cleaning products

Demand for cleaning products during the coronavirus pandemic was enough to edge Unilever to a net profit in 2020.

Sales of Lifebuoy hand sanitiser jumped 50 per cent and Domestos bleach by 25 per cent as the company, which has a factory in Gloucester, recorded underlying sales growth of 1.9 per cent last year.

Despite a drop in some food products, the end-of-year net profit rose by 0.8 per cent to 6.1 billion euro.

But turnover fell by 2.4 per cent to 50.7 billion euro whole operating profits were down 4.6 per cent to 8.3 billion euro.

Chief executive Alan Jope said performance through the pandemic demonstrated Unilever's resilience and agility.

He said: "Early in the year, we refocused the business on competitive growth, and the delivery of profit and cash as the best way to maximise value.

"We have delivered a step change in operational excellence through our focus on the fundamentals of growth.

"While volatility and unpredictability will continue throughout 2021, we begin the year in good shape and are confident in our ability to adapt to a rapidly changing environment."

Related Articles

Punchline Magazine: The Annual - Feb 2021 Image

Punchline Magazine: The Annual - Feb 2021

Gloucestershire business has many faces and The Annual edition of the latest Punchline magazine brings them together as we examine what comes next as we begin the long path to recovery.

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Friday, February 26 Image

Coronavirus LIVE Updates: The latest news from across Gloucestershire on Friday, February 26

The latest important news and updates from across Gloucestershire as the coronavirus crisis continues.

Ross Road Garage on the market Image

Ross Road Garage on the market

A Gloucestershire garage and forecourt is on the market after the owner decided to relocate.

Work starts on major Gloucester road improvement Image

Work starts on major Gloucester road improvement

Work will begin next week on preparations for a £7.45million scheme designed to widen a major road in Gloucester.

Copyright 2021 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.