Unilever (ULVR LN, HOLD, T/P 4350p) - Q3 Steady Mature - Sales +2.6% LFL
Unilever (ULVR LN, HOLD, T/P 4350p) Q3 underlying sales increased by 2.6%. Q3’s pricing increased +2.4% and volume rose 0.2%. The quarter, which lapped a weak Q3 2016, was affected by poor weather in Europe and natural disasters in America. The company maintain their target of 3 to 5% underlying sales growth.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.
Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.
The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.
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