Unilever Ghana PLC presents 'Facts Behind The Figures' to Ghana Stock Exchange

Unilever Ghana PLC has taken its turn at the ‘Facts Behind The Figures’ forum, organized by the Ghana Stock Exchange (GSE) for listed companies.

The Managing Director of Unilever Ghana PLC, George Owusu-Ansah, said the company’s revenue increased to Gh¢ 632m in 2022, up from the Gh¢527m recorded in 2021. This represented a 20 percent increase in turnover over the period. The company ended the year having recorded a profit of Ghc15m, up from the Ghc0.4m recorded in 2021.

The improved turnover in 2022 was largely a result of continued investment in coverage, innovations, and building of the equity of its core brands, including its heritage brands, Key Soap, Pepsodent, and Geisha among others.

The company prioritized efficiency improvements, waste reduction, and strong credit control alongside inflation recovery to boost its profitability.

Managing Director of Unilever Ghana PLC, George Owusu-Ansah, said the company continued to deploy its sustainability projects with a focus on the collection of plastic waste and the promotion of second-life solution options.

It did this in collaboration with like-minded members of the Ghana Recycling Initiative by Private Enterprises (GRIPE). The company also extended support towards the teaching of Oral and Personal hygiene habits in schools and communities across the country.

Referencing the company’s growth trajectory since 2020, George Owusu-Ansah said Unilever Ghana PLC remains committed to living its purpose of ‘Making Sustainable Living Commonplace’ and aims to deliver long-term value to its stakeholders.