Unilever releases transcript of Deutsche Bank Global Consumer Conference 2026 presentation
- Unilever executives Fernando Fernandez and Srinivas Phatak spoke at the Deutsche Bank Global Consumer Conference 2026 in Paris on June 2.
- Management reaffirmed full-year outlook for 4%-6% underlying sales growth, citing 3.8% Q1 growth driven by 2.9% underlying volume growth.
- Phatak flagged €750 million-€900 million inflation headwinds, concentrated in Home Care and emerging markets, while still guiding to modest margin improvement.
- Executives detailed the planned Foods separation and integration into McCormick, targeting $15.7 billion proceeds and a €6 billion buyback for 2026-2029.
- Fernandez outlined a post-Foods pure-play HPC model at about €39 billion revenue, targeting volume-led growth and margin headroom from a 19% operating margin base.
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