sector: Non-Cyclical Consumer Goods & Services ·
industry: Food Processing ·
As of
24 Nov 2009
20.99EUR
Unilever N.V. is one of the parent companies of the Unilever Group (Unilever), which is a supplier of consumer goods across foods, and home and personal product categories. Unilever PLC is the other parent company of Unilever. Unilever’s operations are organized into two divisions: Foods, and Home and Personal Care. Unilever serves as a food company that meets everyday needs of people, through branded products. In September 2008, the Company announced the completion of the sale of its North American laundry business in United States, Canada and Puerto Rico to Vestar Capital Partners. In December 2008, it completed the sale of its edible oil business in Cote d’Ivoire together with its interests in local oil palm plantations, Palmci and PHCI, to SIFCA and to a 50:50 joint venture between two Singapore-based companies, Wilmar International Limited and Olam International Limited. In September 2009, it completed the sale of the palm oil plantation in the Democratic Republic of Congo.
BRIEF: For the nine months ended 30 September 2009, Unilever N.V.'s turnover decreased 1% to EUR30.16B. Net income for the period decreased 35% to EUR2.54B. Turnover reflects decreased sales in the Americas and Western Europe as well as decreased sales in the Savoury Dressings & Spreads and Home Care & Other business segments. Net income for the period suffered from increased financial costs and a negative result from pension and similar obligations.
Unilever N.V.
Weena 455, 3013 AL
PO Box 760
Rotterdam 3000 DK
P: +3110.2174000
F: +3110.2174798