Unilever Management Discusses Q1 2012 Results - Earnings Call Transcript

Unilever (UL)

Q1 2012 Earnings Call

April 26, 2012 3:00 am ET


Raoul Jean-Marc Sidney Huet - Chief Financial Officer and Executive Director

James Allison -


Celine AH Pannuti - JP Morgan Chase & Co, Research Division

Michael Steib - Morgan Stanley, Research Division

Harold Thompson - Deutsche Bank AG, Research Division

Marco Gulpers - ING Groep N.V., Research Division

Martin John Deboo - Investec Securities (UK), Research Division

David Hayes - Nomura Securities Co. Ltd., Research Division

Jeremy Fialko - Redburn Partners LLP, Research Division

Robert Waldschmidt - BofA Merrill Lynch, Research Division


Raoul Jean-Marc Sidney Huet

Good morning, everybody, and welcome to Unilever's First Quarterly Presentation of 2012. For those of you who participated in the Unilever Sustainable Living Plan update earlier this week, thanks a lot for giving us 2 slots in your busy diary. I'll come back to the importance of our Sustainable Living Plan later in the call.

You will also have noticed the improvements and disclosure which we've implemented this quarter, very much in line with what we promised, and I hope that this is being helpful to you.

I will begin this morning by reviewing our overall performance in the first quarter and the category highlights. James will then review our geographical performance and report on the progress we have made in integrating our important acquisitions. I'll then conclude with some thoughts on the outlook for the year.

So let's get going. First of all, I draw your attention to the usual disclaimer relating to forward-looking statements and non-GAAP measures. Okay, good performance in a challenging environment.

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