|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||57.86 - 57.86|
|52 Week Range||52.13 - 58.33|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||22.90|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Europe’s biggest consumer goods companies have reported a better than expected start to the year, with Nestlé setting the pace for sales growth ahead of Unilever and Danone. Nestlé’s pet food and baby formula businesses have picked up steam, while Unilever is benefiting from better sales of its household and personal care brands such as Dove soaps. Unilever’s shares rose as much as 3.3 per cent on Thursday, amid a slight fall for the FTSE 100, while Nestlé was up about 1 per cent at midday.
Nestle SA and Unilever both have the same problem. Nestle has an activist investor lurking in the background, while Unilever is at risk of becoming a target for one. Thursday’s financial statements suggest that Nestle SA is on a firmer footing than Unilever.
Consumer goods group Unilever is on track to meet its performance goals this year after strong sales in emerging markets led to a better-than-expected start to 2019. The maker of Dove soap and Ben & Jerry's ice cream said on Thursday it still expects underlying sales growth in the lower half of a 3 to 5 percent range this year. Emerging markets, where Unilever generates 58 percent of its sales, grew 5 percent in the quarter, offsetting a mere 0.3 percent gain in developed markets, which were hurt by economic uncertainty and intense price competition in Europe, particularly in Germany and France.
Bill Nygren (Trades, Portfolio), portfolio manager of the Oakmark Fund, started two positions and exited five in the first quarter, he said ahead of Securities and Exchange Commission deadlines for portfolio disclosure. Warning! GuruFocus has detected 3 Warning Sign with STZ. In a first-quarter letter released last week, Nygren discussed purchases of Constellation Brands (STZ) and S&P Global Inc. (SPGI).
Unilever said on Friday it had agreed to buy Procter & Gamble's Fluocaril and Parogencyl toothpaste brands for an undisclosed price, expanding its presence in oral care. The brands are sold primarily in ...
Esports content and tournament provider ELEAGUE has teamed up with AXE men's grooming brand, betting that young men sweating through video game competitions could be a natural audience for marketing that suggests AXE products boost men's desirability. The Unilever NV brand will become the Official Personal Care Partner of ELEAGUE, a partnership between the global sports and entertainment talent agency IMG and Turner Sports, a division of AT&T's WarnerMedia. ELEAGUE will work with AXE on marketing initiatives across television, digital and social media as well as on-site during gaming competitions.
Unilever, one of the world's biggest advertisers, will pick a network of "trusted publishers" with which to spend most of its marketing budget, in its latest attempt to improve the effectiveness of its digital advertising. The company declined to say which digital publishers would be included. "We're first of all going out with our approach and then we'll engage with publishers," Keith Weed, Unilever's soon-to-retire chief marketing officer told Reuters in an interview.
Some of Unilever's biggest investors in the UK are planning to put renewed pressure on the consumer goods giant to abandon the idea of ditching its dual headquarters in favour of the Netherlands. The maker of products such as Dove soap and Ben & Jerry's ice cream backed down in the face of a rebellion by UK investors in October, but said in January it was still considering ditching its Anglo-Dutch structure. Many UK shareholders oppose the move that would see them forced to sell the shares.
For years, Procter & Gamble Co. has been adding more blades to its Gillette razors. The small firm’s shaving products are designed for men with coarse or curly hair, like many people of color. It is a market that P&G and other consumer-products conglomerates are pursuing by acquiring black-owned brands, many of which have loyal followings for their niche products.
LONDON (Reuters) - Unilever has acquired British snack brand Graze for an undisclosed price, boosting the group's presence in food, it said on Tuesday. The deal price was not disclosed. (Reporting by Martinne ...
While the Facebook (FB) earnings are getting most of the attention today on Wall Street, it would be a lot easier to live without your friends' data feed on the social media giant than it would be to go without washing your hair, cleaning your home or even having dessert. Warning! GuruFocus has detected 1 Warning Sign with FB. Unilever's new CEO, Alan Jope, said that he expects market conditions "to remain challenging" in the coming year, and that sales will grow at the lower end of the target range.
Unilever is stockpiling ice creams in Britain and deodorants in continental Europe to guard against potential supply disruptions in the event of a no-deal Brexit. The Anglo-Dutch consumer giant, which is the world's largest ice cream seller, makes British favorites like Magnum bars in Italy and Germany and is building up a few weeks of extra inventory in Britain in case of any border delays.
By Martinne Geller LONDON (Reuters) - Unilever reported lower-than-expected fourth-quarter sales on Thursday, hurt by troubles in Latin America and weak growth in developed markets as new Chief Executive ...
The maker of Hellmann’s mayonnaise and Dove soap, reporting its first earnings since Mr. Jope took charge, said Thursday its closely watched underlying sales rose 2.9% in the fourth quarter, below the 3.5% level expected by analysts. The industry also faces rising commodity costs and growing competition from Amazon.com Inc. and discount chains that are launching own-label products.
Unilever reported lower-than-expected fourth-quarter sales on Thursday, hurt by inflation in Argentina and flat volume growth in developed markets, in its first set of results since new Chief Executive Alan Jope took charge. New Chief Executive Alan Jope took charge of Unilever at the start of the year. "With growth weak but H2 margins strong, we expect this to fuel the ongoing debate on Unilever's top line versus bottom line algorithm," Jefferies analysts said.
In terms of regional distribution, Asia saw the highest turnover with 22.9 billion euros. Unilever ULVR-GB reported a 51 percent increase in annual net profit on Thursday, driven by a strong performance in India and other Asian markets. The consumer goods firm reported a net profit of 9.8 billion euros ($11.21 billion) in 2018 compared to 6.5 billion euros in 2017.
The maker of everything from Dove soap to Marmite, Unilever has had a bumpy year, and it ended with a miss on analyst sales forecasts. Julian Satterthwaite reports.