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Unilever Ghana Records GHS 58m Profit, Reaffirms Growth and Sustainability Agenda at GSE’s ‘Facts Behind The Figures’

5 months ago
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Unilever Ghana Records GHS 58m Profit, Reaffirms Growth and Sustainability Agenda at GSE’s ‘Facts Behind The Figures’

Unilever Ghana PLC has reaffirmed its strategic focus on innovation, operational efficiency, and sustainability, as the company participated in the Ghana Stock Exchange’s (GSE) ‘Facts Behind The Figures’ forum for listed companies.

Delivering a presentation at the event, the Managing Director of Unilever Ghana, Mr. Christopher Wulff-Caesar, outlined the company’s performance within a dynamic macroeconomic landscape, underscoring its resilience despite elevated operational costs and broader economic headwinds.

The company reported a revenue of GHS 930.8 million for the 2024 financial year, up from GHS 908.6 million recorded in 2023. Profit after tax stood at GHS 58 million, while the firm maintained a strong cash position of GHS 97 million, signalling robust liquidity and effective financial management.

“Our performance in 2024 reflects not only the strength of our trusted brands but also the agility of our business model,” stated Mr. Wulff-Caesar. “We remain committed to driving consistent, competitive, profitable, and responsible growth through innovation, sustainability, and our people.”

Unilever Ghana maintained market leadership in the Oral Care and Personal Care categories, anchored by flagship brands such as Pepsodent, Geisha, and Vaseline. The company deepened its market reach in the Home Care segment through the launch of Omo Autos and the reintroduction of Omo Handwash—strategic additions that are expected to support volume and value growth going forward.

Aligned with Unilever’s broader Growth Action Plan (GAP), the company accelerated its sustainability and corporate social responsibility agenda. Notably, it continued its involvement with the Ghana Recycling Initiative by Private Enterprises (GRIPE), contributing to the development of a circular plastic economy.

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In furtherance of this commitment, Unilever Ghana introduced a plastics education program on its premises and in selected basic schools, in collaboration with industry stakeholders. Additionally, the company partnered with the British Government and Ernst & Young to support two Ghanaian enterprises—one in plastics and the other in agriculture—with grants of £100,000 each.

On the hygiene front, Unilever’s Pepsodent brand, through its twice-brushing campaign, continues to reach over one million Ghanaians annually in basic schools and communities. The initiative combines hygiene education with product donations aimed at improving public health.

Mr. Wulff-Caesar reiterated the company’s guiding purpose: “Brightening Everyday Life for All,” adding, “We will continue to leverage the strength of our brands and people to deliver value to shareholders and create a positive impact in the communities we serve.”

Unilever Ghana’s performance and strategic orientation, as presented at the GSE forum, underscore its ambition to remain a market leader while fostering innovation, community empowerment, and sustainable business practices.

Tags: GSE's ‘Facts Behind The Figures’Reaffirms Growth and Sustainability Agenda at GSE's ‘Facts Behind The Figures’Unilever Ghana Records GHS 58m Profit

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