Unilever - Half-year & Q2 2010 Results Interview With CEO

By Unilever Plc, PRNE
Wednesday, August 4, 2010

LONDON, August 5, 2010 - In a video interview with financial broadcaster www.cantos.com,
Unilever CEO Paul Polman outlines the company's position at the half-year. He
highlights growth in operating margin and volumes driven by innovation across
markets. While the operating environment remains tough in Western Europe and
North America, performance in emerging markets is strong and the company has
enjoyed "several quarters of above 10% growth" in these areas.

Unilever's diverse and growing range of brands including Knorr Stock Pots
and Magnum ice-cream have been rolled out to a growing number of countries.

"We're seeing better innovations and we're seeing them rolled out faster
across the world. And we also have the winning spirit back to introduce new
brands into new territories," Mr Polman says.

Costs have been a continued focus and EUR700m of savings were realised in
the first half, but during the same period the company has ramped up its
advertising and promotion spend by 180 basis points.

Polson notes that the overall macro-economic picture remains challenging.

"We continue to plan our business on the basis of a long and slow
recovery. I don't think you'll get a double dip, but you'll have a long and
slow recovery, mostly in the US and in Europe."

However he predicts that Unilever's continued focus on innovation and
exposure to emerging market growth will lead to a performance in the second
half that "anybody can be satisfied about".

The interview and transcript are available now on
www.cantos.com/company/Unilever.

Cantos.com, the online financial broadcaster, features in-depth
interviews, documentaries and webcasts with senior company executives. If you
would like to contact us, please email amanda.alexander@cantos.com or phone
+44-207-936-1352.

If you would like to contact us, please email amanda.alexander at cantos.com or phone +44-207-936-1352.

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