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Press Release Unilever Unilever Indonesia Achieved Double Digit Growth for the 25th Consecutive Year
Press Release Unilever Unilever Indonesia Achieved Double Digit Growth for the 25th Consecutive Year
Unilever Indonesia Achieved Double Digit Growth for the 25th Consecutive Year
Thursday, 20 May 2010 08:14 | 
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Growth momentum continued in 2009 due to strong volume growth from continued investment behind brands, market development, manufacturing and distribution capacities
Jakarta, 19 May 2010: 2009 was another excellent year for PT Unilever Indonesia Tbk., where the Company has sustained its growth momentum of the previous year in terms of sales and profit growth. In the year where the world was still reeling from 2008 economic crisis, the Company achieved sales growth of 17.1%, with total sales exceeding Rp 18.2 trillions, which were largely driven by volume. Operating margins improved by 60 bps on the back of favourable commodity price movements and strengthened rupiah. Operating profits grew by 23.2%, and earnings per share grew by 26.7 %. Net cash flow from operating activities was Rp 3.28 trillion in 2009, up 17.8% from Rp 2.79 trillion in 2008. The Company announced its results in the Annual General Meeting of Shareholders in Jakarta today (19/5).
President Director Maurits Lalisang said, ”We are pleased to report that our performance remains strong despite challenging conditions. Seven product categories achieved annual sales of more than 1 trillion Rupiah, namely Hair Care, Oral Care, Fabric Cleaning, Skin Cleansing, Face Care, Household Care and Savoury. Our Home and Personal Care business grew 17.2% whilst Foods and Ice Cream at 17.0%.”
The Company achieved this by focusing its efforts on market development: continuously expanding markets by adding new users, increasing consumption of existing users and up-trading to products with more benefits. Maurits Lalisang further added that innovation was also intensified across the entire portfolio to ensure that the Company stays ahead of competition in terms of satisfying consumer needs at multiple price points.
“Our gross margin improved by 60 bps, thanks to improvement in manufacturing and distribution efficiencies and decreases in the cost of raw and packing materials towards the second half of the year. Our new SAP enterprise resource planning which went live smoothly in January 2009 will greatly improve our planning capabilities and our ability to deliver improved customer service.” said Maurits Lalisang.
The Company continued to invest in 2009. “Our capital expenditure increased from Rp 604 billion – without acquisition - in 2008 to Rp 742 billion in 2009, mainly to expand manufacturing capacity and improve operational efficiency in all our factories, as well as expand our distribution channels.”
Maurits Lalisang further explained that the Company remains committed to high dividend payout policy, and that dividends paid in 2009 amounted to 320 Rupiah per share, up 58 Rupiah per share compared to 2008.
Looking to 2010 and beyond, Unilever global has embarked on a new vision to double the size of the business by 2020 while reducing its environmental impact. As such, the Company’s commitment towards sustainability was emphasized ever more strongly in 2009.
Company’s Director Joseph Bataona said, ”We believe that doing good to our community and to the environment goes hand in hand with becoming a great organization. By strengthening the community that supports us, improving the quality of our consumers’ lives and reducing our impact to the environment, we help create better future for all our stakeholders who are in line with our vision, mission and corporate values.”
Unilever’s sustainability agenda, Joseph Bataona further reiterated, continued to be carried out through activities in four key areas, namely nutrition & health, hygiene, sustainable development and brands with social mission.
Reflecting the Company’s strong performance and values, Unilever Indonesia received a total of 137 accolades in 2009 including 16 major international awards.
“We are deeply honored by these recognitions from the various sectors, affirming that we are on the right track, and we will continue to work harder to serve the community and do our utmost best to preserve the environment,” said Maurits Lalisang.
Commenting on the outlook for 2010, he said that it was one of cautious optimism. “We expect the global economic outlook to improve throughout the year. Indonesia’s economy is expected to pick up speed as exports recover and investments in infrastructure start to pay off. There are plenty of growth opportunities but we also expect intensified competition due to restored confidence in the country. “
About PT Unilever Indonesia Tbk
PT Unilever Indonesia Tbk operating in Indonesia since 1933, has grown and developed together with the Indonesian people for 75 years. As a consumer goods providing company, which has an important role in Indonesia, Unilever is a producer of worldwide famous brands, which are also well-known in the regional and local levels, among them Pepsodent, Lifebuoy, Lux, Dove, Sunsilk, Clear, Rexona, Rinso, Molto, Pond’s, Citra, Blue Band, SariWangi, Royco, Bango, Wall’s and still many more. As a company which has ‘gone public’ in 1981 and its shares registered and traded in the Indonesian Stock Exchange, Unilever is strongly committed to continue progressing and advancing together with Indonesia. In 2009, net profit grew by 26.5% to more than Rp 3 trillion. Sales grew by 17.1% reaching Rp 18.25 trillion.
Unilever, as a highly responsible company towards the public, sustainably runs Corporate Social Responsibility/CSR programs not only corporate wise, but also in its brands. Among the community social programs conducted by Unilever brands are: the Handwashing with Soap Campaign (Lifebuoy), Dental and Oral Health Education Program (Pepsodent), Traditional Food Conservation Program (Bango), Program to fight hunger and assist malnourished Indonesian children (Blue Band) and still many more. In the corporate division, under the auspices of Yayasan Unilever Indonesia, Unilever runs its corporate social responsibility in the fields of: community/ SME empowerment program (Black Soybean Farmer Empowerment Program), public health education program (Pola Hidup Bersih dan Sehat / PHBS), Environment Program (Green and Clean), and others.
Unilever’s strong position as a market leader is recognized through the various national awards and international the company has received. In 2009, Unilever Indonesia continued to receive 137 local and regional awards from top level media as well as government institutions, and other institutions, among them: Asiamoney Best Managed Company & Asia's Best Executive for Indonesia, The Most Admired Companies in Indonesia (best quality, best innovation, best long term vision, best corporate reputation & financial reputation), Asia's Best Companies (best managed company, best corporate governance, best investor relations, best corporate responsibility, most committed to a strong dividend policy), International Stevie Award for Trashion as a winner Environmental Responsibility Program of the year, The Most Admired Knowledge Enterprise in Asia, Indonesian CSR Award (1st winner in Social category - Integrated Health Promotion Program, 2nd winner in Environment category - Jakarta Green & Clean, 3rd winner in Economic category - Black Soya Bean Farmer Development Program), Top Brand Award (5 awards), Word of Mouth Marketing Award (12 awards), PR Program of The Year (6 awards), The Most Inspirational HR Practitioner, Investor Award Best Listed Companies (2 awards), The Most Powerful Distribution Performance (3 awards), The Best Companies Based on Relative Wealth Added Method, Famous Brand (2 awards), Platinum Indonesia Best Brand (9 awards), Golden Indonesia Best Brand Award, Indonesia Best Brand Award, Indonesia Customer Satisfaction Award (13 awards), Indonesia Best Packaging Award (10 awards), Metro TV MDG Award (1st winner Increasing Maternal Health Program), Perusahaan Idaman, Asia Pacific Entrepreneurship Award (Green Leadership Award), The Best in Social Marketing Award, The Best in Marketing Campaign Award, Excellent Brand (2 awards), Indonesia Must Trusted Companies Award and many more.
For further information, please contact:
Jakarta, 19 May 2010: 2009 was another excellent year for PT Unilever Indonesia Tbk., where the Company has sustained its growth momentum of the previous year in terms of sales and profit growth. In the year where the world was still reeling from 2008 economic crisis, the Company achieved sales growth of 17.1%, with total sales exceeding Rp 18.2 trillions, which were largely driven by volume. Operating margins improved by 60 bps on the back of favourable commodity price movements and strengthened rupiah. Operating profits grew by 23.2%, and earnings per share grew by 26.7 %. Net cash flow from operating activities was Rp 3.28 trillion in 2009, up 17.8% from Rp 2.79 trillion in 2008. The Company announced its results in the Annual General Meeting of Shareholders in Jakarta today (19/5).
President Director Maurits Lalisang said, ”We are pleased to report that our performance remains strong despite challenging conditions. Seven product categories achieved annual sales of more than 1 trillion Rupiah, namely Hair Care, Oral Care, Fabric Cleaning, Skin Cleansing, Face Care, Household Care and Savoury. Our Home and Personal Care business grew 17.2% whilst Foods and Ice Cream at 17.0%.”
The Company achieved this by focusing its efforts on market development: continuously expanding markets by adding new users, increasing consumption of existing users and up-trading to products with more benefits. Maurits Lalisang further added that innovation was also intensified across the entire portfolio to ensure that the Company stays ahead of competition in terms of satisfying consumer needs at multiple price points.
“Our gross margin improved by 60 bps, thanks to improvement in manufacturing and distribution efficiencies and decreases in the cost of raw and packing materials towards the second half of the year. Our new SAP enterprise resource planning which went live smoothly in January 2009 will greatly improve our planning capabilities and our ability to deliver improved customer service.” said Maurits Lalisang.
The Company continued to invest in 2009. “Our capital expenditure increased from Rp 604 billion – without acquisition - in 2008 to Rp 742 billion in 2009, mainly to expand manufacturing capacity and improve operational efficiency in all our factories, as well as expand our distribution channels.”
Maurits Lalisang further explained that the Company remains committed to high dividend payout policy, and that dividends paid in 2009 amounted to 320 Rupiah per share, up 58 Rupiah per share compared to 2008.
Looking to 2010 and beyond, Unilever global has embarked on a new vision to double the size of the business by 2020 while reducing its environmental impact. As such, the Company’s commitment towards sustainability was emphasized ever more strongly in 2009.
Company’s Director Joseph Bataona said, ”We believe that doing good to our community and to the environment goes hand in hand with becoming a great organization. By strengthening the community that supports us, improving the quality of our consumers’ lives and reducing our impact to the environment, we help create better future for all our stakeholders who are in line with our vision, mission and corporate values.”
Unilever’s sustainability agenda, Joseph Bataona further reiterated, continued to be carried out through activities in four key areas, namely nutrition & health, hygiene, sustainable development and brands with social mission.
Reflecting the Company’s strong performance and values, Unilever Indonesia received a total of 137 accolades in 2009 including 16 major international awards.
“We are deeply honored by these recognitions from the various sectors, affirming that we are on the right track, and we will continue to work harder to serve the community and do our utmost best to preserve the environment,” said Maurits Lalisang.
Commenting on the outlook for 2010, he said that it was one of cautious optimism. “We expect the global economic outlook to improve throughout the year. Indonesia’s economy is expected to pick up speed as exports recover and investments in infrastructure start to pay off. There are plenty of growth opportunities but we also expect intensified competition due to restored confidence in the country. “
About PT Unilever Indonesia Tbk
PT Unilever Indonesia Tbk operating in Indonesia since 1933, has grown and developed together with the Indonesian people for 75 years. As a consumer goods providing company, which has an important role in Indonesia, Unilever is a producer of worldwide famous brands, which are also well-known in the regional and local levels, among them Pepsodent, Lifebuoy, Lux, Dove, Sunsilk, Clear, Rexona, Rinso, Molto, Pond’s, Citra, Blue Band, SariWangi, Royco, Bango, Wall’s and still many more. As a company which has ‘gone public’ in 1981 and its shares registered and traded in the Indonesian Stock Exchange, Unilever is strongly committed to continue progressing and advancing together with Indonesia. In 2009, net profit grew by 26.5% to more than Rp 3 trillion. Sales grew by 17.1% reaching Rp 18.25 trillion.
Unilever, as a highly responsible company towards the public, sustainably runs Corporate Social Responsibility/CSR programs not only corporate wise, but also in its brands. Among the community social programs conducted by Unilever brands are: the Handwashing with Soap Campaign (Lifebuoy), Dental and Oral Health Education Program (Pepsodent), Traditional Food Conservation Program (Bango), Program to fight hunger and assist malnourished Indonesian children (Blue Band) and still many more. In the corporate division, under the auspices of Yayasan Unilever Indonesia, Unilever runs its corporate social responsibility in the fields of: community/ SME empowerment program (Black Soybean Farmer Empowerment Program), public health education program (Pola Hidup Bersih dan Sehat / PHBS), Environment Program (Green and Clean), and others.
Unilever’s strong position as a market leader is recognized through the various national awards and international the company has received. In 2009, Unilever Indonesia continued to receive 137 local and regional awards from top level media as well as government institutions, and other institutions, among them: Asiamoney Best Managed Company & Asia's Best Executive for Indonesia, The Most Admired Companies in Indonesia (best quality, best innovation, best long term vision, best corporate reputation & financial reputation), Asia's Best Companies (best managed company, best corporate governance, best investor relations, best corporate responsibility, most committed to a strong dividend policy), International Stevie Award for Trashion as a winner Environmental Responsibility Program of the year, The Most Admired Knowledge Enterprise in Asia, Indonesian CSR Award (1st winner in Social category - Integrated Health Promotion Program, 2nd winner in Environment category - Jakarta Green & Clean, 3rd winner in Economic category - Black Soya Bean Farmer Development Program), Top Brand Award (5 awards), Word of Mouth Marketing Award (12 awards), PR Program of The Year (6 awards), The Most Inspirational HR Practitioner, Investor Award Best Listed Companies (2 awards), The Most Powerful Distribution Performance (3 awards), The Best Companies Based on Relative Wealth Added Method, Famous Brand (2 awards), Platinum Indonesia Best Brand (9 awards), Golden Indonesia Best Brand Award, Indonesia Best Brand Award, Indonesia Customer Satisfaction Award (13 awards), Indonesia Best Packaging Award (10 awards), Metro TV MDG Award (1st winner Increasing Maternal Health Program), Perusahaan Idaman, Asia Pacific Entrepreneurship Award (Green Leadership Award), The Best in Social Marketing Award, The Best in Marketing Campaign Award, Excellent Brand (2 awards), Indonesia Must Trusted Companies Award and many more.
For further information, please contact:
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PT. Unilever Indonesia, Tbk. Maria Dewantini Dwianto Head of Corporate Communications Tel : (62-21) 526 2112 Fax: (62-21) 526 2046 E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it |
Indira Kamal Consultant IPM Public Relations Tel: (+62-21) 765 8451, Fax: (+62-21) 750 8939 E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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