Unilever Ghana PLC holds ‘Facts Behind The Figures’ forum, organised for listed companies on the Ghanaian bourse.
During the session, the company’s Managing Director, George Owusu-Ansah, attributed its 2021 half-year topline growth of 47% to an improvement in demand underpinned by continued investments in its brands.
Operational discipline, together with improved credit and controls management, resulted in a cost reduction. Overall loss position reduced by 60% from ¢16.8 million to ¢6.7 million.
This performance comes on the back of the strong recovery it posted in 2020, driven mainly by increased sales, cost efficiencies and a robust credit management system.
Mr Owusu-Ansah announced that Unilever Ghana is poised to Rediscovering its Greatness in a Globally Challenging Environment and has committed to implementing a strategy to deliver competitive, consistent, responsible, and profitable growth.
The purpose-driven company is looking to improve the power of its brands to facilitate their penetration into more Ghanaian homes.
These activities will be backed by more impactful innovations to meet the challenging needs and demands of the Ghanaian consumer.
George Owusu-Ansah also noted that its sustainability agenda remains fully integrated into the company’s entire organization.
He mentioned that the company’s new sustainability programme dubbed the ‘Compass’, commits to support the global and national agenda for the health of the planet, improvement in the health and wellbeing of people and contribute to a fairer and more socially inclusive society.