2018-10-19

Unilever Q3 2018 After Plan to Move HQ from UK to Rotterdam NIXED

Unilever Drops Plan to Move HQ from London

Unilever is considering its next steps after abandoning its plan to scrap its dual-listed structure and move its headquarters to the Netherlands. It faced a groundswell of opposition from shareholders in the UK. Financial Times (ft.com) video above published Oct 5, 2018.

Q3 2018 Earnings conference call transcript | SeekingAlpha.com 18 Oct 2018.

Asked whether Unilever would propose unifying the company in London instead of Rotterdam, Unilever's CFO Graeme Pitkethly reportedly said “We always said we wanted to retain our Anglo-Dutch heritage, but it’s more complicated than just trying for PLC now that NV has failed ... I can’t speculate on the outcome of what is a big body of work to be done by the board. They will review it all again and see if there is an alternative way.”

See also:
  • TheGuardian.com: Unilever reports sales boost after HQ row but investors unimpressed - a 3.8% rise in third quarter for firm behind Ben & Jerry’s ice cream and Dove soap.
  • Unilever Introduces A New 'Healthy' Ice Cream To Compete With Halo Top--forbes.com.
Unilever is a British-Dutch transnational consumer goods company co-headquartered in London, United Kingdom, and Rotterdam, Netherlands. Its products include food and beverages, cleaning agents and personal care products. It is the world's largest consumer goods company measured by 2012 revenue. List of all Unilever brands here.

The Unilever Group
LON: ULVR  and NYSE: UN
Principal Domain: unilever.com


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