Fact Check: Unilever's international brand portfolio has accounted for more than 60% of Unilever Cote d'Ivoire's turnover, which totalled 34.6 billion CFA Franc in 2023.

Fact Check: Unilever's International Brand Portfolio and Turnover in Cote d'Ivoire

What We Know

The claim states that "Unilever's international brand portfolio has accounted for more than 60% of Unilever Cote d'Ivoire's turnover, which totalled 34.6 billion CFA Franc in 2023." According to multiple sources, this assertion is supported by statements from employees of Unilever Cote d'Ivoire, who report that the international brand portfolio indeed constitutes over 60% of the company's turnover, which was confirmed to be 34.6 billion CFA Franc for the year 2023 (source-3, source-4).

Analysis

The evidence supporting the claim comes from reports by employees and corroborated by news articles. The assertion that Unilever's international brand portfolio accounts for more than 60% of its turnover is attributed to three employees of Unilever Cote d'Ivoire (source-3). This source is credible as it is published by Reuters, a well-respected news organization known for its journalistic standards.

Additionally, the turnover figure of 34.6 billion CFA Franc for 2023 is consistent across various reports, including those from financial news outlets (source-6). The consistency of these figures across multiple reputable sources strengthens the reliability of the claim.

However, it is important to note that the context surrounding this claim involves ongoing labor disputes and concerns about job security following Unilever's decision to sell its Ivory Coast unit to a local consortium. This situation may introduce some bias in the reporting from employees who are concerned about their future employment and the implications of the sale (source-1).

Conclusion

The claim that "Unilever's international brand portfolio has accounted for more than 60% of Unilever Cote d'Ivoire's turnover, which totalled 34.6 billion CFA Franc in 2023" is True. The assertion is well-supported by credible sources, including employee testimonies and financial reports, which consistently indicate both the percentage of turnover attributed to international brands and the total turnover figure for the year.

Sources

1. Ivorian company Violets Union Rights Amid share sale- workers
2. Cote d'Ivoire - United States Department of State
3. Exclusive: Ivory Coast workers say Unilever is violating their union rights
4. Ivory Coast workers say Unilever is violating their union rights
5. Exclusive-Ivory Coast workers say Unilever is violating ...
6. Dabafinance - Unilever Sells Ivorian Unit to SDTM-Led Group Amid ...