When asked if US President Donald Trump's tariffs posses a threat to HUL, the executive said that the FMCG player is a local-for-local business. The softening of crude oil amid the rising uncertainties will benefit the economy and consumers, thus in turn helping the firm, he said.
HUL said the company aims to build supply chain resilience for palm derivatives, and will build infrastructure for palm oil collection and processing.
The company aims to achieve double digit EPS growth, driven by topline, with over 80% of the delta coming from 'future core and market maker' products, it said.
In Q2FY25, HUL reported a revenue growth of 1.5% YoY, mainly due to growth in the home care segment, while beauty & personal care and foods & refreshment segments declined
HUL’s ice cream business, though a smaller part of its portfolio, has shown notable growth. In the Q2 FY25, ice-cream business maintained its volume vis-à-vis last year.
Despite short-term challenges, Jawa expressed confidence in HUL's long-term potential, driven by India's expanding consumer market and innovation across core and emerging categories.
The HUL CEO pointed out that Q-commerce growth is being led by convenience driven categories such as food and personal care.
Premium growth is outpacing total growth by nearly two times at HUL.
Over time, we have traditionally acquired brands that met our criteria of complementarity, where we believed we had the right to win, and were available at a good value, said Jawa
We represent a top-tier global company in the consumer sector, poised to thrive as the Indian market expands two or threefold in the foreseeable future, said Jawa.
Jawa looks forward to replicating HUL's success in beauty care and packaged foods, expressing a commitment to establish the company as a leading player in these domains
The HUL CEO said that in terms of supply chain, the company has identified numerous use cases that are generating significant value.
HUL has taken price cuts in its laundry and skin cleansing portfolio due to moderating palm oil prices during the quarter. The result of which, HUL's homecare and personal care portfolio saw a -1 percent and flat revenue growth in the October-to-December quarter.
Both HUL and Unilever have new CEOs at the helm and what a fresh pair of eyes brings to the strategy table should become clear post-September quarter results
Rohit Jawa said that in the fast-paced changing markets of India the company needs to evolve with the emerging trends
As Sanjiv Mehta hands over the baton to Jawa, the latter, credited with transforming Unilever China and Unilever Philippines, has a tough task cut out for him. One of the main challenges before Jawa is the disruption from the startup world
Known for transforming the consumer goods major's China and Philippine business, Jawa serves as the chief of transformation in his London-based role
Rohit Jawa will take home an annual remuneration of Rs 21.43 crore as MD and CEO of Hindustan Unilever Limited.
While there are no pressing problems at HUL that a new chief executive needs to solve, here are some areas that merit attention
Jawa, a 35-year veteran of Unilever, has turned things around in challenging markets like China and Philippines. That should stand him in good stead, as he moves in to replace Sanjiv Mehta.
An interesting anecdote from Rohit Jawa’s days as a trainee is documented in the book ‘The CEO Factory: Management Lessons from Hindustan Unilever’ by Sudhir Sitapati.
Rohit Jawa, who is currently serving as the chief of transformation for Unilever in London, had written a post on LinkedIn, in 2017 titled, "5 Principles of effective leadership in an uncertain world".
Rohit Jawa 'has a deep understanding of the business landscape particularly in Asia and has led the transformation of Unilever businesses in China and in Philippines', Hindustan Unilever Ltd (HUL) said.
Rohit Jawa will succeed incumbent MD & CEO Sanjiv Mehta, who has been at the helm of Hindustan Unilever since 2013.