Audio By Carbonatix
Unilever Ghana PLC has held its Annual General Meeting (AGM) in Accra, bringing together shareholders, the Board of Directors, and Management to review the Company’s performance for the financial year ended December 31, 2025 and to provide updates on operations, governance, and strategic direction.
The Chairman of the Board, Charles Nimako, noted that despite a challenging global environment characterised by slowing growth, inflationary pressures, geopolitical tensions, and trade uncertainties, Ghana’s economy demonstrated strong resilience in 2025.
He highlighted the country’s improved macroeconomic performance, marked by strong GDP growth, easing inflation, currency appreciation, and strengthened investor confidence, which created a more supportive operating environment for businesses.
The Managing Director of Unilever Ghana PLC, Christopher Wulff-Caesar, reported broad-based portfolio growth, with Personal Care recording 12.1% underlying sales growth driven by Oral Care and Skin Cleansing.
The Beauty and Well-being category delivered strong performance, with Vaseline achieving 53.4% growth.
Home Care returned to growth at 5.0%, supported by Comfort and Omo Auto, while Nutrition grew by 2.2%, with a continued focus on volume-led growth in 2026.
The Company reported a profit of GH¢94 million for 2025, compared to GH¢58 million in 2024, with its cash position improving to GH¢210 million from GH¢97 million in the same period.
Sustainability initiatives continued under the Growth Action Plan, focusing on plastics, nature, and livelihoods, including plastic waste collection, community training, and livelihood support programs across Ghana.
The Company also announced changes to its Board of Directors, including the appointment of six new Directors, including the Board Chair, following the completion of the tenure of the exited Board members.
The Board reaffirmed its commitment to strong corporate governance and effective oversight of the Company.
The Board Chairman, Charles Nimako, expressed appreciation to shareholders for their continued confidence and reaffirmed the Company’s commitment to delivering sustainable growth, operational efficiency, and long-term shareholder value.
Mr Wulff-Caesar reiterated the company’s commitment to delivering consistent, competitive, profitable, and sustainable growth, with continued focus on Power Brands across key categories, Route to Market strategy and innovation pipeline as key drivers of future growth.
Unilever Ghana PLC expressed appreciation to shareholders for their continued support and participation in the AGM.
Latest Stories
-
Finance Minister advises African governments to strengthen regional tax cooperation
37 minutes -
NPP accuses NDC of master-minding demolition of Ho regional office fence
38 minutes -
Ghana plans stronger regional power trade with Nigeria
39 minutes -
GRA Commissioner-General calls for stronger tax cooperation to boost regional revenue mobilisation
39 minutes -
NACOC needs more personnel to tackle drug trafficking – Toobu
43 minutes -
Railway workers resist KMA eviction order, demand consultation
45 minutes -
Legacy Leadership Africa Institute to host boardroom women’s leadership programme
57 minutes -
Ghana needs a law to sustain constitutional reforms – CDD-Ghana
4 hours -
COVID fumigation audit: Auditor-General has a lot of questions to answer – Akwatia MP
4 hours -
Stranded Ghanaian medical graduates in Cuba appeal to Mahama for immediate return
4 hours -
GNFS contains fire outbreak at Teshie Lekma Road near Lekma Hospital
10 hours -
Samia Nkrumah rejects the narrative that Ghanaians were happy after Nkrumah’s overthrow
12 hours -
A Mother’s pain: Tribute by Ivan Baidoo’s mother
12 hours -
‘Forgive us for staying away’ — Samia Nkrumah leads family back to Nkroful, pledges to preserve Nkrumah’s legacy
12 hours -
Ernest Nuamah scores twice as Lyon beat Rennes
12 hours