September 6, 2017 / 1:45 PM / 16 days ago

BRIEF-Unilever exec gives update on savings, efficiencies

Sept 6 (Reuters) - Unilever Plc

* Unilever exec says innovation team has reduced number of global projects by 10 percent this year, but increased size of projects by 20 percent

* Unilever exec says interested in acquiring brands that have sales of tens or hundreds of millions of euros

* Unilever exec says aiming for binding deal for spreads business by end 2017/early 2018

* Unilever exec says if can’t get full value from selling whole business, will consider demerger

* Unilever exec says also to consider selling parts of spreads business

* Unilever exec says distrust in big brands is spreading to emerging markets

* Unilever exec says expanding hellmanns brand into ketchup, bbq sauce, hot sauce, mustard

* Unilever exec says ecommerce accounts for close to 3 percent of group turnover, up 40 percent in h1‘17

* Unilever exec says on track to begin integrating food/refreshment in jan 2018, as stated in april Source text for Eikon: Further company coverage: (Reporting By Martinne Geller)

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