| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
2,629 |
| Employees |
149,000 |
| Revenues (TTM) (Millions $) |
58,218 |
| Net Income (TTM) (Millions $) |
6,749 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Unilever N.V. is a multinational consumer goods company headquartered in Rotterdam, Netherlands. It was founded in 1929 as a merger between several companies, including Lever Brothers, a soap manufacturer, and Margarine Unie, a margarine producer. The company has a long history and has since expanded to become one of the largest consumer goods companies in the world, operating in over 190 countries.
The company's portfolio includes a wide range of household and personal care brands, as well as food and refreshment products. Some of the most well-known brands include Dove, Axe/Lynx, Hellman's, Knorr, Lipton, and Magnum. In total, Unilever owns more than 400 brands that are sold in grocery stores, pharmacies, and retail outlets worldwide.
Unilever's business is divided into three main segments: home care, beauty and personal care, and foods and refreshments. The home care segment includes laundry detergents, cleaning agents, air fresheners, and pest control products. The beauty and personal care segment includes products such as soaps, shampoos, deodorants, and skincare products. The foods and refreshments business includes tea and ice cream, savory, dressings, spreads and culinary, and beverages.
Unilever aims to operate in a sustainable and socially responsible way, with the company's Sustainable Living Plan outlining a commitment to reducing its environmental impact and improving the lives of people around the world. The plan outlines various targets for reducing waste, greenhouse gas emissions, and improving the sourcing of raw materials.
The company employs more than 155,000 people globally and recorded a revenue of e50.7 billion in 2020. Unilever's subsidiaries and joint ventures include Ben & Jerry's, Lipton Tea, and Seventh Generation, among others. The company is publicly traded on the London Stock Exchange and Euronext Amsterdam, and its shares are included in the FTSE 100 Index. Overall, Unilever is a prominent player in the global consumer goods industry, with a long history, extensive portfolio of brands, and ongoing commitments to sustainability and social responsibility.
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