Report
Pierre Tegner

Unilever Nv : Bon début d’année et clarification de la guidance 2021 bienvenue tant sur la croissance que sur la marge

>Un début d’année et une clarification de la guidance qui devraient être bien accueillis - Surperformance maintenue. Avec une performance en YTD de -7%, le titre souffre depuis le début d’année du risque global de retour de l’inflation amplifié par l’exposition du groupe aux devises émergentes mais aussi d’un message qui n’était pas clair vis-à-vis des objectifs de 2021. La T1 est doublement rassurant : 1/ la croissance organique est forte à +5.7% avec un effet p...
Underlying
Unilever PLC

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.

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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