Report
Pierre Tegner

Unilever Nv : Réaction mitigée attendue : faiblesse du T2 même en retraitant l’effet Brésil. Mais marge opérationnelle et BPA meilleurs (+7.8% vs cons. à +4.7%)

>Market impact : incertain - Comme de coutume dans le secteur, la réaction de marché reste guidée par l’inflexion du consensus de BPA. Or, celle-ci est difficile à anticiper en 1re approche. L’underlying diluted EPS du S1 à +7.8% est 3 points au-dessus des attentes. Mais à ce stade il est difficile d’identifier le facteur de cette meilleure performance. En tout état de cause, ce n’est ni le CA qui est en ligne ni le taux d’impôts qui est supérieur aux attentes et la p...
Underlying
UNILEVER N.V.

Unilever is engaged in the supply of consumer goods in foods, household care and personal products. Co.'s activities are carried out through four categories: Personal Care, sales of skin care and hair care products, deodorants and oral care products; Home Care, sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products; Foods, sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; and Refreshment, sales of ice cream and tea-based beverages. Co.'s products are sold in over 190 countries around the world.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Pierre Tegner

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