Executive Summary

• Unilever is to focus on driving sales of its core portfolio in high-growth segments and on reducing costs; the company anticipates annual core operating margin growth to rise from the current range of 20 bps–40 bps to 40 bps–80 bps between 2017 and 2019.
• Unilever will continue to focus on evolving its product portfolio and developing the channels through which it reaches its customers.
• In the foods segment, millennial consumers’ focus on health, wellness and vegetarianism is among the key trends on which Unilever will concentrate.
• In personal care, Unilever anticipates strong demand for men’s grooming products and products made for the Muslim consumer market.
• Sustainability is an important focus across all categories.