Unilever turns to ‘avocado mayonnaise’ as food weighs on profit ahead of spin-off

cityam

Jul 28

Unilever's food arm has weighed on its profits Unilever has turned to novel products including “avocado mayonnaise” in a bid to boost ailing sales in its food arm, which is poised to be spun off in a ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/2654079199"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2654079199\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2654079199?lang=en_US&edition=fundamental","thumbnail":"https://www.cityam.com/wp-content/uploads/2026/07/hellmans-e1785221191125.jpg?w=286&h=161&crop=1","is_english":true,"pubTime":"2026-07-28 14:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2654079199","market":"nz","top_or_hot":-1,"title":"Unilever turns to ‘avocado mayonnaise’ as food weighs on profit ahead of spin-off","media":"cityam","content":"<div>\n<p>Unilever's food arm has weighed on its profits Unilever has turned to novel products including “avocado mayonnaise” in a bid to boost ailing sales in its food arm, which is poised to be spun off in a ...</p>\n\n<a href=\"https://www.cityam.com/unilever-lifts-outlook-as-food-weighs-on-profit-ahead-of-spin-off/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Unilever turns to ‘avocado mayonnaise’ as food weighs on profit ahead of spin-off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnilever turns to ‘avocado mayonnaise’ as food weighs on profit ahead of spin-off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-28 14:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/unilever-lifts-outlook-as-food-weighs-on-profit-ahead-of-spin-off/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Unilever's food arm has weighed on its profits Unilever has turned to novel products including “avocado mayonnaise” in a bid to boost ailing sales in its food arm, which is poised to be spun off in a ...</p>\n\n<a href=\"https://www.cityam.com/unilever-lifts-outlook-as-food-weighs-on-profit-ahead-of-spin-off/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EVNT","symbol_name":"AltShares Event-Driven ETF","start_time":0,"source_url":"https://www.cityam.com/unilever-lifts-outlook-as-food-weighs-on-profit-ahead-of-spin-off/","article_id":"2654079199","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/07/hellmans-e1785221191125.jpg?w=286&h=161&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/unilever-lifts-outlook-as-food-weighs-on-profit-ahead-of-spin-off/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2654079199","pubTimestamp":1785221471,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Unilever's food arm has weighed on its profits Unilever has turned to novel products including “avocado mayonnaise” in a bid to boost ailing sales in its food arm, which is poised to be spun off in a 33bn deal. The consumer goods giant upgraded its sales expectations but saw the performance of its food business and European operations drag on the group’s operating profit, which edged up by 2.6 per cent to 4.9bn in the first half of the year.In March, the FTSE 100 firm announced a 33bn deal to offload its food business, which includes brands like Marmite and Hellmann’s, to US food giant McCormick.The spin-off, which faced some opposition from investors, has begun to take place and McCormick announced earlier this month that it will set up a secondary listing in London.The group said the gross margin in its food arm took a hit from growing commodity cost inflation and more investment in its products.Unilever performed worst in Europe in the first half of the year, where sales fell by 0.9","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EVNT":"AltShares Event-Driven ETF"},"translate_title":"联合利华转向 “鳄梨蛋黄酱”，食品在分拆前对利润构成压力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EVNT":1.5},"content_text":"Unilever's food arm has weighed on its profits Unilever has turned to novel products including “avocado mayonnaise” in a bid to boost ailing sales in its food arm, which is poised to be spun off in a £33bn deal. The consumer goods giant upgraded its sales expectations but saw the performance of its food business and European operations drag on the group’s operating profit, which edged up by 2.6 per cent to €4.9bn in the first half of the year.In March, the FTSE 100 firm announced a £33bn deal to offload its food business, which includes brands like Marmite and Hellmann’s, to US food giant McCormick. The spin-off, which faced some opposition from investors, has begun to take place and McCormick announced earlier this month that it will set up a secondary listing in London. \n\nBut Unilever has revealed that its food arm is dragging on its suite of beauty and personal care brands, which include Persil, Lynx and Dove. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTurnover in the group’s food business slipped by four per cent to €6.3bn, while sales of its personal care products jumped by 4.2 per cent to €6.8bn.Unilever leans on avocado mayonnaise The conglomerate said it is leaning on new products like avocado mayonnaise to drive sales in the US, where it is facing “a softer market environment and increased competition” in the condiments market. “Foods growth is expected to accelerate in the second half of the year, led by innovation and improved developed market performance,” Unilever said. \n\nThe group said the gross margin in its food arm took a hit from growing commodity cost inflation and more investment in its products. Unilever performed worst in Europe in the first half of the year, where sales fell by 0.9 per cent, against growth of 7.6 per cent in Latin America and eight per cent in India.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}