Sign in

You're signed outSign in or to get full access.

Ed Lewis

Senior Analyst at Redburn at Redburn Atlantic

Ed Lewis is a Senior Analyst at Redburn Atlantic, specializing in the general sector with a focus on consumer goods companies. He covers stocks including McDonald's (MCD), Clorox (CLX), and others, achieving a 48% success rate on ratings with an average return of +1.40% per rating over one year, including a standout Buy on MCD that returned +21.50%. Lewis has been active as an analyst since at least 2020, providing equity research at Redburn Atlantic, now affiliated with Rothschild & Co Redburn. No specific professional credentials such as FINRA registrations are publicly detailed in available sources.

Ed Lewis's questions to UNILEVER (UL) leadership

Question · H2 2025

Ed Lewis asked if 2026 is expected to be the first year to fully realize the benefits of Unilever's revamped innovation approach, introduced a couple of years ago, given the significant organizational changes. He also inquired about CapEx plans, specifically how much of the over 3% of turnover CapEx will be spent on margin-enhancing activities, noting it was close to 60% last year.

Answer

CEO Fernando Fernandez affirmed that much 'heavy lifting' (organization, ice cream separation, productivity) is done, and 2026 is a crucial year to 'reap some of the fruits' of these efforts. He expressed pride in improved product development and innovation capabilities (e.g., Dove, Vaseline shelves) compared to three years ago. He acknowledged execution improvements are still needed (e.g., channel price conflict, Brazil issues) and mentioned the 'Perfect Store' program. CFO Srinivas Phatak confirmed CapEx spending around 3% of turnover, with 55-60% allocated to productivity/savings in 2026. He stated openness to increasing CapEx for growth/productivity if business cases justify it (with higher IRR/payback thresholds) and commitment to 100% cash conversion.

Ask follow-up questions

Fintool

Fintool can predict UNILEVER logo UL's earnings beat/miss a week before the call

News for Covered Companies

Unilever Partners with Google Cloud, Unveils 'Desire at Scale' Strategy at CAGNY 2026

Unilever Partners with Google Cloud, Unveils 'Desire at Scale' Strategy at CAGNY 2026

ULFeb 17