Unilever Plans to Deliver $1.12 Billion in Productivity Savings by End of 2029

10:40 AM EST, 11/03/2026 (MT Newswires) -- Unilever (UL) plans to deliver productivity savings of 1 billion euros ($1.12 billion) by the end of 2029 by addressing costs arising from its March agreement to combine its Foods business with McCormick (MKC) and savings from organizational simplification, process redesign and technology projects, according to a filing Tuesday with the London Stock Exchange. The company also expects to deliver in-line performance with its medium-term algorithm in 2027, according to the document, which was filed ahead of Unilever's investor event on Wednesday. Price: 65.36, Change: -1.08, Percent Change: -1.63