Unilever has raised its full-year outlook as the British consumer goods company pushes ahead with a broad turnaround under chief executive Fernando Fernandez. The update signals greater confidence in the group’s direction as it trims operations and concentrates more heavily on its core home and personal care business.
The company has been reshaping its portfolio through job cuts and by separating its food and ice cream activities. Those moves are part of a wider effort to simplify the business and place more emphasis on categories where Unilever sees stronger long-term potential.
Even with the improved outlook, the latest results showed pressure on earnings. Profit after tax fell by more than 5%, underscoring that the overhaul is taking place while the group still faces near-term financial strain.
Investors will be watching whether the slimmer structure can deliver steadier growth in the months ahead. For now, Unilever’s upgraded guidance suggests management believes its refocus on home and personal care is beginning to support the broader turnaround plan.
