% | $
Quotes you view appear here for quick access.

Unilever PLC Message Board

  • Thuyen_Nguyen_M Thuyen_Nguyen_M Jul 10, 2008 8:03 AM Flag

    The Motley fool take

    The Motley Fool Take 8-Jul-08 05:45 pm Unilever profits
    Consumer-products giant Unilever plc (NYSE: UL) Reported a whopping 39 percent increase in earnings per share for its first quarter of 2008.
    However, a significant portion of the bottom-line improvement came from selling the Boursin cheese business, along with an extension of a joint venture between its Lipton tea brand and PepsiCo.
    STill, underlying sales were up 7.2 percent (adjusted for acquisitions, devestitures and currency effects).
    The campany increased prices by 4.8 percent, boosting the top line and helping offset commodity-cost head winds that continue to challenge competitors such as Kellogg and General Mills.
    Unilever is in the midst of a multiyear effort to become a faster growth engine-with a focus on developing markets, expanding its personal-care business and creating a leaner operating structure.
    While its valuation seems a little high compared with some compettors, the company is delivering solid growth, along with a 2 percent dividend yield. and as long as the U.S. dollar remains wak compared with the euro, investors in Unilever could continue to benefit. Rating :

47.40+0.33(+0.70%)Sep 30 4:07 PMEDT