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Unilever PLC (ULVR.L)

ULVR.L on London Stock Exchange

4,740.00GBp
18 Sep 2020
Change (% chg)

-80.00 (-1.66%)
Prev Close
4,820.00
Open
4,835.00
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4,835.00
Day's Low
4,731.00
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Latest Key Developments (Source: Significant Developments)

Unilever Says Signed Agreement To Acquire Liquid I.V.
Tuesday, 1 Sep 2020 

Sept 1 (Reuters) - Unilever Plc ::UNILEVER SAYS SIGNED AGREEMENT TO ACQUIRE LIQUID I.V.; TERMS OF DEAL WERE NOT DISCLOSED.  Full Article

Unilever And Algenuity Partner To Explore Use Of Microalgae Protein
Wednesday, 29 Jul 2020 

July 29 (Reuters) - Unilever PLC ::CO, ALGENUITY ANNOUNCE PARTNERSHIP TO DELVE INTO POTENTIAL MICROALGAE BRING IN FOODS FOR UNILEVER'S PLANT-BASED PORTFOLIO.  Full Article

Unilever HY Underlying Sales Declined 0.1%
Thursday, 23 Jul 2020 

July 23 (Reuters) - Unilever PLC ::UNILEVER PLC UNILEVER NV. - HALF-YEAR REPORT.UNILEVER - HY UNDERLYING SALES DECLINED 0.1% WITH VOLUME DECLINING 0.3% AND PRICE GROWTH OF 0.2%.UNILEVER - QUARTERLY DIVIDEND PAYABLE IN SEPTEMBER 2020 EUR 0.4104 PER SHARE.UNILEVER - QUARTERLY SHAREHOLDER DIVIDEND MAINTAINED AT EUR 0.4104 PER SHARE.UNILEVER - HY EARNINGS PER SHARE EUR 1.25.UNILEVER - HY UNDERLYING EARNINGS PER SHARE UP 6.4%, INCLUDING A NEGATIVE IMPACT OF 3.7% FROM CURRENCY.UNILEVER - HY UNDERLYING EARNINGS PER SHARE €1.35.UNILEVER - HY TURNOVER 25.7 BILLION EUROS VERSUS 26.1 BILLION EUROS AS REPORTED A YEAR EARLIER.UNILEVER - FOCUS FOR REST OF 2020 WILL CONTINUE TO BE VOLUME LED COMPETITIVE GROWTH.UNILEVER - WILL RETAIN TEA BUSINESSES IN INDIA AND INDONESIA AND PARTNERSHIP INTERESTS IN READY-TO-DRINK TEA JOINT VENTURES..  Full Article

Unilever says unification is "best tactical move", no updates on tea business review soon
Thursday, 11 Jun 2020 

June 11 (Reuters) - Unilever ::CHAIRMAN ON MEDIA CALL- EARLIER STRUCTURE GAVE US A DISADVANTAGE AT A TIME WE WANT TO ACCELERATE PORTFOLIO TRANSFORMATION.CHAIRMAN - THIS MOVE IS "OUR BEST TACTICAL OPTION".CEO- WE HAVE ENGAGED WITH DUTCH GOVERNMENT OVER LAST FEW WEEKS OVER PLAN.CEO- NO PLANS TO LIST FOOD & REFRESHMENT DIVISION AS A SEPARATE ENTITY.CEO- THIS UNIFICATION WILL HELP IN OUR DEMERGERS.CEO- THIS IS THE MOST SHAREHOLDER FRIENDLY ROUTE TO UNIFICATION; EXPECT TO COMPLETE MOVE BY END OF YEAR.CEO- SHAREHOLDERS APPROVAL NEEDED FOR THIS MOVE IS 50%.CEO- NO CANVASSING OF SHAREHOLDERS BEFORE THIS MOVE.CEO- DON'T EXPECT ANY RESISTANCE OF PLANS OF UNIFICATION FROM SHAREHOLDERS.CHAIRMAN- THIS IS IN NO WAY 180 DEGREE TURN FROM 2018 PLAN.CEO- STRATEGIC DIRECTION OF PREVIOUS PLAN AND THE NEW ONE IS THE SAME; THIS IS NO U-TURN FROM 2018 PLAN.CEO- THIS ROUTE WE HAVE TAKEN SHOWS THAT THE MOVE HAS NOTHING TO DO WITH BREXIT.CEO- NO TAKEOVER OF HINDUSTAN UNILEVER REQUIRED UNDER THE UNIFICATION MOVE.CEO- NO TAKEOVER OF HINDUSTAN UNILEVER REQUIRED UNDER THE UNIFICATION MOVE.CEO- COVID-19 CRISIS HAS CREATED NEW OPPORTUNITIES FOR M&A THAT WE ARE LOOKING AT.CEO- TEA BUSINESS REVIEW CARRIES ON ; LOOKING AT ALL OPTIONS AND WE ARE MID WAY THROUGH PROCESS.CEO- NOT ON BRINK OF ANNOUNCING ANYTHING ON TEA BUSINESS REVIEW RIGHT NOW.CEO- KRAFT HEINZ IS NOT A THREAT TODAY AND IT HAS HAD NOTHING TO DO WITH MOVE ANNOUNCED TODAY.  Full Article

Unilever Plans To Unify Group Legal Structure Under Single Parent, Unilever Plc
Thursday, 11 Jun 2020 

June 11 (Reuters) - Unilever PLC ::UNILEVER PLC UNILEVER NV. - UNIFICATION OF UNILEVER’S LEGAL STRUCTURE.UNILEVER - PLANS TO UNIFY ITS GROUP LEGAL STRUCTURE UNDER A SINGLE PARENT COMPANY, UNILEVER PLC.UNILEVER - ONGOING STRATEGIC REVIEW OF UNILEVER'S TEA BUSINESS FURTHER DEMONSTRATED DUAL-HEADED LEGAL STRUCTURE CAN CREATE DISADVANTAGES FOR GROUP.UNILEVER - UNILEVER NV SHAREHOLDERS WILL RECEIVE ONE NEW UNILEVER PLC SHARE IN EXCHANGE FOR EACH UNILEVER NV SHARE HELD.UNILEVER - BOARD EXPECTS UNILEVER TO RETAIN INDEXATION IN BOTH AEX AND FTSE UK INDEX SERIES..UNILEVER - A CROSS-BORDER MERGER BETWEEN UNILEVER PLC AND UNILEVER NV.UNILEVER - PROPOSED CHANGES DO NOT IMPACT UNDERLYING ECONOMIC INTERESTS OF ANY SHAREHOLDER.UNILEVER - BOARD EXPECTS UNILEVER TO RETAIN INDEXATION IN BOTH AEX AND FTSE UK INDEX SERIES.UNILEVER - FOLLOWING MOVE TO A SINGLE PARENT LEGAL STRUCTURE, UNILEVER'S STRONG PRESENCE IN BOTH NETHERLANDS AND UNITED KINGDOM WILL REMAIN UNCHANGED.UNILEVER - UNIFICATION WILL BE IMPLEMENTED THROUGH A CROSS-BORDER MERGER BY MEANS OF WHICH UNILEVER NV WILL BE MERGED INTO UNILEVER PLC.UNILEVER - THERE WILL ALSO BE NO CHANGES TO MANUFACTURE AND SUPPLY OF UNILEVER PRODUCTS IN NETHERLANDS AND UNITED KINGDOM AS A RESULT OF UNIFICATION.UNILEVER - EXPECTS MAINTENANCE OF ITS STRONG CREDIT RATING TO BE UNAFFECTED.UNILEVER - UNILEVER NV SHAREHOLDERS WILL RECEIVE ONE NEW UNILEVER PLC SHARE IN EXCHANGE FOR EACH UNILEVER NV SHARE HELD..  Full Article

GSK To Sell Its Stake In Hindustan Unilever For 3.4 Bln Stg
Thursday, 7 May 2020 

May 7 (Reuters) - GlaxoSmithKline Plc ::GLAXOSMITHKLINE PLC - GSK SELLS ITS HOLDING IN HINDUSTAN UNILEVER.GSK - AGREED TO SALE OF 133,772,044 ORDINARY SHARES IN HUL.GSK - THROUGH MERGER OF GSK INDIA WITH HUL, GSK ACQUIRED A 5.7% STAKE IN HUL.GSK - AGREED TO SALE OF 133,772,044 ORDINARY SHARES IN HUL AT A VOLUME-WEIGHTED AVERAGE PRICE OF APPROXIMATELY RS. 1,905 PER SHARE.GSK - SALE AT A VOLUME-WEIGHTED AVERAGE PRICE OF APPROXIMATELY RS. 1,905 PER SHARE.GSK - PROPOSED DEAL FOR GROSS PROCEEDS OF APPROXIMATELY RS. 254.8 BILLION.GSK - NOW EXPECTS GROSS PROCEEDS FROM DIVESTMENT TO BE £3.4 BILLION.GSK - GSK NOW EXPECTS GROSS PROCEEDS FROM DIVESTMENT TO BE £3.4 BILLION AND NET PROCEEDS FROM DIVESTMENT TO BE £2.9 BILLION.GSK - PROPOSED DEAL FOLLOWING SETTLEMENT OF SALE, GSK WILL NO LONGER HOLD ANY HUL SHARES..GSK - HSBC SECURITIES AND CAPITAL MARKETS, J.P. MORGAN INDIA, MORGAN STANLEY INDIA ACTING AS JOINT PLACEMENT AGENTS FOR PLACING.  Full Article

Unilever CEO says things going to get worse in Q2 before getting better
Thursday, 23 Apr 2020 

April 23 (Reuters) - Unilever : :CFO ON MEDIA CALL - IMPACT OF OUT OF HOME CONSUMPTION RESTRCITIONS WILL BE SIGNIFICANT IN Q2.CFO ON MEDIA CALL - AT THE MOMENT, 50% OF OUR 2 BILLION EURO OUT OF HOME ICE CREAM BUSINESS IS NOT AVAILABLE TO US.CFO ON MEDIA CALL - "WE ARE BACK TO WINNING MARKET SHARE IN ICE CREAM AND HAIR CARE IN NORTH AMERICA" THIS QUARTER.CFO - WE ARE SEEING LESS PROMOTIONAL INTENSITY IN UK SUPERMARKETS.CFO - THERE WILL BE A LOT MORE VARIETY IN THE WAY MARKETS ARE PERFORMING ONCE CORONAVIRUS CRISIS ENDS.CFO -EMERGING MARKETS RESULTS IN Q1 PRINCIPALLY AFFECTED BY IMPACT OF LOCKDOWN IN INDIA IN LAST WEEK OF MARCH, FOOD SERVICE IN CHINA.CEO ON ANALYST CALL -"AS OF TODAY, WE'RE RUNNING AT AN AVERAGE OF AROUND 85% OF NORMAL OUTPUT ACROSS OUR 221 SITES".CEO - "OVER THE LAST 2 MONTHS, WE HAVE OPENED UP MORE THAN 30 NEW PRODUCTION LINES, INCLUDING MANY THIRD PARTIES, TO MAKE HAND SANITIZERS".CEO - Q1 E-COMMERCE GROCERY SALES HAVE ROCKETED; IN U.S., E-COMMERCE SALES DOUBLED IN Q1 AND AS TOTAL COMPANY, THEY INCREASED BY 36%.CFO- IN CHINA, E-COMMERCE GREW BY 34% IN THE QUARTER, BUT THE OFF-LINE BUSINESS WAS IN DOUBLE-DIGIT DECLINE.CFO- THERE WAS LIMITED IMPACT FROM COVID-19 IN THE QUARTER IN AFRICA.CEO- "IN Q2, THINGS ARE GOING TO GET MORE DIFFICULT BEFORE THEY GET EASIER".CEO- "IN CHINA...WE'RE STARTING TO SEE A SIGNIFICANT RECOVERY. WE'VE COME OUT OF THE SITUATION IN CHINA COMPETITIVELY ADVANTAGED".  Full Article

Unilever Withdraws 2020 Outlook, To Pay Interim Dividend
Thursday, 23 Apr 2020 

April 23 (Reuters) - Unilever PLC ::1ST QUARTER 2020 TRADING STATEMENT.QUARTERLY DIVIDEND MAINTAINED AT EUR 0.4104 PER SHARE.COVID-19 IS HAVING AN UNPRECEDENTED IMPACT ON PEOPLE AND ECONOMIES WORLDWIDE..DEMAND PATTERNS ARE CHANGING.CANNOT RELIABLY ASSESS IMPACT OF CORONAVIRUS ACROSS OUR MARKETS AND OUR BUSINESS.AS CRISIS HITS COUNTRIES AROUND WORLD, WE SEE UPSWINGS IN SALES OF HYGIENE AND IN-HOME FOOD PRODUCTS.UNILEVER IS WELL-POSITIONED DURING THIS CRISIS.QTRLY UNDERLYING SALES WERE FLAT WITH VOLUME GROWTH OF 0.2% AND NEGATIVE PRICE OF 0.2%.NEAR CESSATION OF OUT OF HOME CONSUMPTION WHICH IS PARTICULARLY AFFECTING OUR FOOD SERVICE AND ICE CREAM BUSINESS.QTRLY DEVELOPED MARKETS UNDERLYING SALES GROWTH WAS 2.8% AND EMERGING MARKETS DECLINED 1.8%.QTRLY TURNOVER INCREASED 0.2% INCLUDING POSITIVE IMPACT OF 0.6% FROM ACQUISITIONS NET OF DISPOSALS, NEGATIVE IMPACT OF 0.4% FROM CURRENCY.ADAPTING TO NEW DEMAND PATTERNS AND ARE PREPARING FOR LASTING CHANGES IN CONSUMER BEHAVIOUR.WITHDRAWING OUR PREVIOUS GROWTH AND MARGIN OUTLOOK FOR 2020..MOST MAJOR MARKETS, OUTSIDE CHINA, SAW NORMAL SALES PATTERNS IN JANUARY AND FEBRUARY WITH COVID-19 IMPACTING IN MARCH.CHINESE MARKET SLOWED SIGNIFICANTLY DURING LOCK-DOWN PERIOD, WHICH BEGAN IN JANUARY.QTRLY TURNOVER €12.4BN VERSUS €12.4BN REPORTED A YEAR EARLIER.EUROPE AND NORTH AMERICA SAW A POSITIVE IMPACT OF HOUSEHOLD STOCKING IN MARCH.  Full Article

Unilever Says It Has Achieved Gender Balance Across Management Globally
Tuesday, 3 Mar 2020 

March 3 (Reuters) - UNILEVER ::UNILEVER SAYS IT HAS ACHIEVED GENDER BALANCE ACROSS MANAGEMENT GLOBALLY.UNILEVER - ITS WORKFORCE IS CLOSING GENDER GAP WITH 50% WOMEN AT MANAGEMENT LEVEL GLOBALLY, UP FROM 38% IN 2010.  Full Article

Unilever CFO says still too soon to know impact of Coronavirus on business
Tuesday, 18 Feb 2020 

Feb 18 (Reuters) - Unilever Plc : :EXEC AT CAGNY CONFERENCE- WE HAVE BUILT UP A 600 MILLION NEW PRESTIGE BUSINESS IN BEAUTY CATEGORY AS OF 2019.CFO AT CAGNY CONFERENCE- "WE ARE BEING BOLDER AND MORE CHOICEFUL ON WHICH INNOVATIONS WE BACK AND WHICH INNOVATIONS WE STOP".CFO- HAVE SEEN SHARE LOSSES IN SKIN CLEANSING BUSINESS IN INDIA; MAKING PRICING AND MARKETING CHANGES TO REINVIGORATE GROWTH.CFO- IN LEAD COUNTRIES OF BRAZIL AND AUSTRALIA, REXONA CLINICAL RANGE HAS HIT 3% MARKET SHARE IN DEODORANT CATEGORY.CFO- CONSUMERS CHALLENGED IN BRAZIL, BUT WE SAW STABILITY IN 2019 AND EXPECT THAT TO CONTINUE.CFO- STILL TOO SOON TO KNOW TOTAL IMPACT OF CORONAVIRUS ON OUR BUSINESS.CFO- FOODSERVICE BUSINESS OF 600 MILLION EUROS IN CHINA IS SIGNIFICANTLY IMPACTED.CFO- DESPITE HYPERINFLATION, IN ARGENTINA VOLUMES REMAIN AHEAD OF MARKET DECLINES AND ALSO SAW SOME VOLUME GROWTH.CFO- WE ARE PIVOTING OUR PORTFOLIO TO HIGHER GROWTH SEGMENTS IN BEAUTY AND PERSONAL CARE SUCH AS PRESTIGE BEAUTY.CFO- PRESTIGE BEAUTY GROWING AT 10% PER ANNUM AND IS ON TRACK FOR ITS 1 BILLION EURO IN SALES AMBITION.CFO- PEPSICO LIPTON JV IS WITHIN SCOPE OF TEA BUSINESS REVIEW.  Full Article

Asian palm giants say sustainability is the new business norm

KUALA LUMPUR, Sept 14 Palm oil companies, which have faced criticism in recent years of widespread deforestation, said on Monday that ensuring sustainability across the supply chain was the new business norm as scrutiny on responsibly produced palm oil mounts.