Unilever, the FTSE 100 multinational behind a series of household-name brands from Dove Soap to Hellmann’s mayonnaise, repeatedly called its own performance “disappointing” today.
The forthright words came as the fourth-largest company in the UK reported a drop in sales for 2023. Consumers switching to cut-price alternatives during the cost-of-living crisis were not coming back to big-name consumer goods.
