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Unilever PLC (UL)

NYSE - Nasdaq Real Time Price. Currency in USD
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53.38+0.58 (+1.10%)
At close: 4:00PM EDT
53.38 0.00 (0.00%)
After hours: 06:05PM EDT
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  • J
    John_E_Nitro
    For all the political rhetoric in this group, it does not seem to have had the slightest effect on the top or bottom lines. This group must be the worst on yahoo for being long on hyperbole and short on facts and fundamentals. Solid quarter, good plan for increases in input and shipping costs.
  • E
    Emmet
    Unilever margins in spotlight as inflation surges
    Reuters (today)

    Oct 20 (Reuters) - Unilever's (ULVR.L) battle with rising costs will take centre stage at its third-quarter results on Thursday, with investors focused on whether the consumer goods giant will cut its profit margin forecast for the second time this year.

    Crude oil prices hit three-year highs on Monday, vegetable oil prices are at multi-year highs, and packaging, transport and labour costs are also rising as economies recover from the pandemic - a headache for central bankers and companies alike.

    Tide detergent maker Procter & Gamble (P&G) (PG.N) on Tuesday hiked its full-year forecast for commodity and freight costs by about $400 million, or more than 20%. read more

    Analysts warn Unilever could be particularly exposed because, unlike household goods specialist P&G, it also has a big food business selling products including Knorr soups, Magnum ice-cream and Hellmann's mayonnaise.

    That means exposure to edible oils, milk and crude derivatives, such as caustic soda (used in making ice-cream), whose prices have also surged over the past three months.

    Unilever also makes about 60% of its turnover in emerging markets, where inflation is fiercest.
    "Since the second quarter, inflation has continued to creep up and another (margin) revision is possible," Barclays analyst Warren Ackerman wrote in a note.

    In July, Unilever cut its operating margin forecast to "about flat" from "slightly up."

    In contrast, packaged food rival Nestle (NESN.S) kept its full-year operating margin guidance on Wednesday, helped by strong coffee sales and price hikes. read more

    Analysts expect Unilever to report a 0.2 percentage point drop in full-year underlying operating margins, according to a company-supplied consensus. That margin was 18.5% in 2020.

    Unilever has tried to offset costs by raising average prices by 2.2%, but Ackerman said that was hard in places like South East Asia where pandemic-hit consumers are switching to cheaper brands and local competition is tough.

    JPMorgan Cazenove analysts estimate Unilever may need to raise prices by as much as 13% over the next two years to offset raw material and packaging pressures, which they say could reach 16% this year, at constant currencies and including hedging.

    There are other potential catalysts for Unilever's shares, as it works to sell a big part of its 2 billion euro tea business and is also reportedly in the sights of a top activist investor.

    -------------------

    Now that's another conclusive meta analysis where nobody even notices any extremist boycotts weighing in. This is just another indication that YOU guys are confused. Yeah you know who you are. The non-analytical MIGA spergs here, posting to get t-shirts from a foreign gov in collusion with the Adelson Foundation.

    And before the IQ reserve on this board catches on to the caustic soda paragraph, let me just calm you down by asking you to research the caustic soda addition to your drinking water.

    INB4 shills coping poorly.
  • E
    Emmet
    Next catalyst.
    UL is likely to sell its Lipton and PG Tips Tea business. The ready to drink tea JV they do with Pepsi as well as the markets in India and Indonesia will NOT be part of the sale. Rumoured purchase sum is a juicy 4 billion UK pounds! The news could come very soon.
  • s
    sandi
    So UL boycotts Judea & Samaria but why East Jerusalem…?
    Wow one little lady wiping out UL equity and you blokes go along for the ride….
    Your comeuppance is at hand ….
    Just remember Yul Brenner’s face after his army wiped out in 10 ….
  • L
    Larry
    The slow bleed continues. Another good day for the market and another red day for UL. What excuses will we see now? Will we hit the 40’s this week?
    Bearish
  • N
    Non
    Where are all the "To the moon" posts? I could swear I saw like 4 of them.
  • L
    Larry
    "The shares have been weak, suggesting the market does not think Unilever can pass them all on and that therefore the margin is at risk," said Tineke Frikkee, head of UK Equity research at Unilever shareholder Waverton Investment Management.
  • E
    Emmet
    Hindustan Unilever expected to report 8.2-12.3% revenue growth in Q2FY22 – 3 things to look for as company announces results on Tuesday
    “Expect 8% volume and 6% price/mix growth to drive 14% revenue growth, margins to improve QoQ led by cooling off in palm oil prices offset by higher A&P spends,” Yes Securities said in its report.

    UL owns 61.9% of HUL
    UL earnings will arrive on Thursday.
  • D
    David
    what happened to all your gain? LOL
  • A
    Alon
    Well, of course Unilever would fail. Ben&Jerry's pinpointed only one country, one nation of people from all nations of the world (including undemocratic ones that butchered deliberately millions)... so when you do that, your stock will suffer of a very bad sentiments, to say the least.
    Bearish
  • L
    Larry
    It’s hilarious watching the haters of a certain religion claim they are not mad while they post essay-long rants in response to simple comments. Even on the rare Green Day! (Even if it is only half a percent)
  • A
    Ali
    stock market is a voting machine in the short term term and weighing machine in the long term.. buy while they are voting on the company so you and your kids kids enjoy the dividend while they weight and you wait...
  • N
    Non
    Axios' Alexi McCammond asked, during an interview in the brand’s home state of Vermont: “You guys are big proponents of voting rights. Why do you still sell ice cream in Georgia? Texas — abortion bans. Why are you still selling there?”

    “I don’t know,” Ben Cohen said with a laugh. “It’s an interesting question. I don’t know what that would accomplish. We’re working on those issues, of voting rights. ... I think you ask a really good question. And I think I’d have to sit down and think about it for a bit.”

    Yep, that's the guys in charge of the woke policy of B&J. Just randomly shooting in the dark.
  • L
    Larry
    Nasdaq is up 15% YTD while this is down around -12% to -13%. Emmet insists he is smart and that this is a good stock though.
  • R
    Rex
    Is this a good dividend stock to start a position in at $52?🤔
  • B
    BAR_FIGHT_MCDRUNK
    UL down on big up day. Emmett’s a shrewd trader. I’ll go with Sandi’s 49 prediction. Emmett says the 300000000+ US market isn’t important.
  • s
    sandi
    Max the company is “ Ben & Jerry’s” not “ Ben & Jerries “ lol…..
  • E
    Emmet
    Sustainability at the source: How Unilever is addressing deforestation, living wages, and regenerative agriculture

    How is Unilever ensuring sustainability in sourcing regions? Hanneke Faber, President Foods & Refreshment at Unilever, weighs in.
    Unilever is one of the world’s largest consumer goods companies. With products available in more than 190 countries, it is estimated that 2.5bn people use at least one Unilever product per day.

    In food, Unilever has some big names in its portfolio. From Lipton to Magnum, Knorr and Hellman’s, the company’s Foods & Refreshment division boasts an annual turnover of more than $19bn.

    Unilever has a significant footprint in soy, palm oil and cocoa, amongst other ingredients commonly associated with unethical practices in sourcing regions. The company is committed, however, to addressing sustainability at the source, according to Hanneke Faber, President Foods & Refreshment at Unilever.

    “Farmers are a critical part of the entire food system,” she said at FoodNavigator’s Climate Smart Food event, adding that Unilever is focused on three key areas in sourcing regions: a deforestation-free supply chain, living wages, and regenerative agriculture.

    -----------------

    Spotlight on deforestation: ‘Not all oil is certifiable’
    Along with F&B giants including Nestlé, PepsiCo, Kellogg’s, Mondelēz, and General Mills, Unilever had committed to eliminating deforestation from its supply chain by 2020.

    With this deadline now come and gone, FMCGs have new timelines in their sight. “We’ve committed to achieving a deforestation-free supply chain by 2023,” Faber told FoodNavigator.

    “The challenge here is traceability. We source from a very large variety of suppliers around the world, they harvest in places like Brazil and Indonesia, and we’ve found it’s not always 100% certifiable what happens to every drop of oil we buy.

    “But we absolutely have to get there and we have to get there fast. This is where technology increasingly helps.”

    ------------------------------

    “We have a partnership with Google Cloud to capture satellite images, so that we exactly see, 24/7, that nothing gets cut down for the ingredients we buy,” the Foods & Refreshments chief explained.

    Unilever impacts 8% of global palm oil production.
    And in soy and palm oil specifically, Unilever is working with Orbital Insight to combine satellite images of Indonesia and Brazil with geolocation data, to paint a clearer picture of ‘the first mile’ – the journey that palm oil fruit or soybeans travel from the plantation to a mill.

    ---------------------------

    Ensuring farmers and suppliers along the supply chain in sourcing countries earn a living wage is another priority for Unilever.

    A living wage, or living income, is one that gives people enough to provide for their family’s basic needs for food, water, clothing, housing, education, transportation and healthcare.

    “We’ve committed to ensure that everyone who directly provides goods and services to us earns at least a living wage by 2030,” said Faber.

    Currently, Unilever pays all of its own employees – just over 150,000 people – at least a living wage. However, this latest commitment, announced earlier this year, means the company will secure the same for people beyond its own workforce. “Especially focusing on the most vulnerable,” she continued, “and that’s in manufacturing and in agriculture – so smallholder farmers.”

    Unilever has a challenge in front of it. It will require collaboration with suppliers, other businesses, government and NGOs to create ‘systemic change’, we were told.

    Unilever asks its suppliers to comply with its Responsible Sourcing Policy.
    Unilever asks its suppliers to comply with its Responsible Sourcing Policy, made up of 12 fundamental principles. These aim to ensure a number of key human rights are respected.

    This includes making sure that all workers are paid fair wages, working hours for all workers are reasonable, workers are of an appropriate age, and land rights of communities, including indigenous peoples, will be protected and promoted.

    So what happens when these principles are breached? “If a supplier is found to be in breach of those expectations, our aim is always to first work together and agree some sort of remediation plan, rather than automatically stop business,” Faber explained.

    There would be, however, a ‘number’ of occasions when a relationship with a supplier would be suspendeded, she revealed, but stressed that is not always the first port of call – particularly where living wages are concerned.

    Full article at Foodnavigator. Ref Flora Southey
  • D
    Deborah
    As a long time investor in ULVR, I see this as nothing less than a perfect buying opportunity.
    Today is the second time in three weeks that I've added to my position.
    The dividend is being paid again in December and the forward dividend yield is3.74 %.
    Bullish
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