Unilever Nv : A good start to the year and welcome clarification on guidance for 2021 for both growth and margins
>A good start to the year and guidance that should be well-received - Outperform maintained. With a YTD performance of -7%, since the beginning of the year the share price has suffered from the global risk of a return to inflation, exacerbated by the group's exposure to emerging currencies but also a message that was unclear in terms of its 2021 targets. Q1 was doubly reassuring: 1/ organic growth was strong at +5.7% with a price effect that is beginning to firm ...Unilever is a consumer goods manufacturing group based in the United Kingdom. Co. is engaged in supplying consumer goods in the refreshments, foods, home and personal product categories. Co. supplies its consumers product for nutrition, hygiene and personal care and is active in emerging markets in Asia, Africa, Central & Eastern Europe and Latin America. Co.'s portfolio includes such well-known brands as Knorr, Lipton, Hellmann's, Magnum, Omo, Dove, Lux and Axe/Lynx. Co. manages its brands under the following four category headings: savoury, dressings and spreads; ice cream and beverages; personal care; and home care. Co.'s products are sold in over 190 countries around the world.
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.
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