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Unilever optimistic about future

BY: Business Desk

Unilever Ghana PLC is optimistic about the future, as it implements strategies to expand and rake in more earnings.

It recorded an increase in revenue of about 23 per cent for the year 2021 despite a challenging economic condition.

Taking its turn at the ‘Facts behind the Figures’ event, organised by the Ghana Stock Exchange (GSE) for listed companies, the Managing

Director of Unilever Ghana PLC, George Owusu-Ansah, said the company’s revenue increased to GH¢559m in 2021, up from the GH¢456m recorded in 2020.

The company ended the year having recorded a gross profit of GH¢108m, representing a 43 per cent increase over the previous year’s performance.

“Overall, the company’s performance was an improvement over the previous years, driven largely by significant investments it made in product innovations and building the equity of its brands”, the MD told investors and stakeholders.

The company during the year under review prioritised the reduction of waste from its operations.

George Owusu-Ansah, announced that Unilever Ghana is doing well on the journey to rediscovering its greatness through specialized purpose-driven brands.

The Managing Director is upbeat about Unilever’s sustainability programmes.

He mentioned the company is investing to unlock growth, build talent and help develop the skills of the youth.

The company’s objective is to make sustainable living commonplace for all.