The Ivorian subsidiary of the Unilever group suffered a loss of revenue and margins at the end of 2022. This loss is explained by disruptions in these export markets, particularly in Mali, and the sale of its business.

As of December 31, 2021, Unilever Cote d'Ivoire declared a profit of 175,000 CFA francs. The company explains this poor performance by a 21% drop in its turnover (36.1 billion FCFA) at the end of December 2022. Its sales declined in the “Nutrition” and “personal and oral hygiene products” product categories during the period. Also, Unilever Côte d'Ivoire indicated that it had suffered “a significant shortfall in terms of sales and margins”, due to the exit of the tea business in the 4th quarter of 2021, following the decision of Unilever Group to sell this business to the CVC Capital Partners fund

Similarly, the company notes the impact on its revenue of “disruptions in export markets with the embargo on Mali and the tightening of regulations on triangular trade in the subregion, imposed by The BCEAO [ Central Bank of West African States , Editor's note]”. Noted that Unilever Côte d'Ivoire style="font-family: "Bookman Old Style”, "serif""> is listed on the BRVM, the stock exchange for the 8 countries of the West African Economic and Monetary Union (UEMOA).