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Prices & Quotes - UK Markets - Unilever (ULVR)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Up 4,334.00p
Change Today:
39.00p
Market Cap:
113,402m
Sector:
Food Producers

Unilever says cleaning products face 'diesel moment'

By Sean Farrell

Date: Wednesday 02 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Unilever plans to spend €1bn (888m) to cut out fossil fuels from its laundry and cleaning products in a "diesel moment" for the industry, the Financial Times reported.
The FTSE 100 company wants to eliminate fossil fuel-based chemicals from products such as Persil washing powder and Domestos bleach over the next decade in the first such plan for cleaning products.

Peter ter Kulve, who runs Unilever's €11bn homecare division, said his sector faced a similar watershed to the revelation that diesel-fuelled cars caused more pollution than thought.

"We have our diesel moment. I think everyone realises that the time has come that the cleaning industry has to pivot and ask: 'How do we clean up cleaning?'," ter Kulve told the FT.

He said materials such as surfactants and soda ash cause almost half the carbon impact of washing powders and that Unilever would replace some ingredients with plant-based products. Unilever will also reduce plastic packaging.

"We know that the consumer wants to make green choices as long as they are not more expensive and the products don't work less well," ter Kulve said. Unilever Chief Executive Alan Jope has promised to halve the company's emissions by 2030.

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Unilever Market Data

Currency UK Pounds
Price 4,334.00p
Change Today 39.00p
52 Week High 4,892.00p
52 Week Low 3,733.00p
Volume 773,358
Shares Issued 2,616.56m
Market Cap 113,402m

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What The Brokers Say

Strong Buy 14
Buy 0
Neutral 5
Sell 1
Strong Sell 5
Total 25
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Unilever Dividends

  Latest Previous
  Q1 Q4
Ex-Div 20-May-21 25-Feb-21
Paid 10-Jun-21 17-Mar-21
Amount 37.10p 37.60p

Trades for 15-Jun-2021

Time Volume / Share Price
10:59 150 @ 4,334.00p
10:59 132 @ 4,334.00p
10:59 75 @ 4,334.00p
10:59 33 @ 4,333.64p
10:58 150 @ 4,333.43p

Unilever Key Personnel

Chair Nils Smedegaard Andersen
CFO Graeme Pitkethly
CEO Alan Jope