Unilever Bets on Beauty as Food Exit Fuels Restructuring Push

Unilever is undergoing a significant transformation by shedding its food assets and focusing on beauty, personal care, and home products.

The goal is to close the valuation gap with more focused rivals like Procter & Gamble, L'Oreal, and Coca-Cola.

According to data from LSEG, Unilever's enterprise value-to-core-earnings multiple stands at 11.5, lower than its peers.

The company has reported improving results in recent quarters, with sales volumes reaching their highest level in over a decade.

However, investors remain skeptical about the restructuring plan and are urging Unilever to demonstrate strong growth in its beauty, personal care, and home products segment.