After a failed approach by Kraft-Heinz, Unilever has outlined its restructuring programme. The company has announced following measures: -The group is targeting a 20% underlying operating margin (before restructuring) and a 19% core operating margin (including restructuring costs) by 2020. This target should be achieved thanks to an increased savings target (€6bn, vs. €4bn previously) coming from the supply chain (€4bn vs. €3bn previously) and increasing savings in overhea
06 Apr 2017
Unilever's shareholders should feel satisfied
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Unilever's shareholders should feel satisfied
Unilever PLC (ULVR:LON) | 3,746 -224.7 (-0.2%) | Mkt Cap: 93,837m
- Published:
06 Apr 2017 -
Author:
Anna Zyniewicz -
Pages:
2
After a failed approach by Kraft-Heinz, Unilever has outlined its restructuring programme. The company has announced following measures: -The group is targeting a 20% underlying operating margin (before restructuring) and a 19% core operating margin (including restructuring costs) by 2020. This target should be achieved thanks to an increased savings target (€6bn, vs. €4bn previously) coming from the supply chain (€4bn vs. €3bn previously) and increasing savings in overhea