MOSL: Hindustan Unilever (Buy)-Strengthening the Core-Higher premiumization to drive earnings
​Hindustan Unilever: Strengthening the Core; Higher premiumization to drive earnings
(HUVR IN, Mkt Cap USD28.9 b, CMP INR1087, TP INR1215, 12% Upside, Buy)
We attended HUVR annual investor meet 2017. Following are the key takeaways:
- ​Clear focus on thought leadership far ahead of peers and improving accessibility of their core brands in each segment.
- Far more emphasis on premiumization across segments than earlier.
- Strengthening the Naturals portfolio across segments keeping Lever Ayush as the master brand in addition to other specific natural brands like Indulekha, St' Ives and the new skin and hair brand Citra.
- Zero based budgeting across all areas will we believe yield far more in terms of margins than we had anticipated, particularly when allied with strong premiumization.
- Increase in sampling and sachets to drive market development of premium products and formats of the future.
- Building strong capabilities across channels.
Hindustan Unilever is predominantly engaged in manufacturing and distributing consumer products mainly in India. Co. operates five main business segments: Soaps and Detergents include soaps, detergent bars, detergent powders, detergent liquids, scourers, etc.; Personal Products include products in the categories of Oral Care, Skin Care (excluding soaps), Hair Care, Deodorants,Talcum Powder, Colour Cosmetics, Ayush services; Beverages include tea and coffee; Package Foods include Branded Staples (Atta, Salt, Bread, etc.), Culinary Products (tomato based products, fruit based products, soups, etc.) and Frozen desserts; Others include Exports, Chemicals, Water business, Infant Care Products.
Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.
Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.