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Unilever NV (UN.N)

UN.N on New York Stock Exchange

60.65USD
23 Oct 2020
Change (% chg)

$-0.10 (-0.16%)
Prev Close
$60.75
Open
$60.97
Day's High
$61.14
Day's Low
$60.32
Volume
141,518
Avg. Vol
268,613
52-wk High
$62.70
52-wk Low
$42.00

Latest Key Developments (Source: Significant Developments)

Unilever CFO says still not giving short-term guidance
Thursday, 22 Oct 2020 

Oct 22 (Reuters) - Unilever PLC ::UNILEVER CFO SAYS NOT GOING TO GIVE ANY SHORT-TERM GUIDANCE GIVEN UNCERTAINTY.UNILEVER CFO SAYS 20% OF PORTFOLIO IS IN LOWER-PRICED "VALUE" SEGMENT, WHICH APPEALS DURING DOWNTURNS.UNILEVER CFO SAYS SEEING DOWNTRADING IN SOME MARKETS, HEAVIER PROMOTIONS IN EUROPE.UNILEVER CFO SAYS BIGGER BRANDS HAVE BENEFITED DURING PANDEMIC, BUT EXPECTS THAT TREND TO SWING BACK AS SITUATION NORMALIZES.  Full Article

Unilever Plc Qtrly Underlying Sales Growth Of 4.4%
Thursday, 22 Oct 2020 

Oct 22 (Reuters) - Unilever PLC ::UNILEVER PLC UNILEVER NV. - 3RD QUARTER TRADING STATEMENT.UNILEVER - QUARTERLY SHAREHOLDER DIVIDEND MAINTAINED AT EUR 0.4104 PER SHARE.UNILEVER QTRLY UNDERLYING SALES GROWTH OF 4.4%, WITH 3.9% VOLUME AND 0.5% PRICE.UNILEVER - ENVIRONMENT WE ARE OPERATING IN WILL REMAIN UNPREDICTABLE IN NEAR TERM.UNILEVER QTRLY EMERGING MARKETS UNDERLYING SALES GROWTH 5.3% AND DEVELOPED MARKETS 3.1%.UNILEVER - ENVIRONMENT WE ARE OPERATING IN WILL REMAIN UNPREDICTABLE IN NEAR TERM.UNILEVER - QTRLY TURNOVER EUR 12.9BN VERSUS €13.3BN AS REPORTED A YEAR EARLIER.UNILEVER QTRLY TURNOVER DECREASED 2.4%, WITH A NEGATIVE IMPACT FROM CURRENCY OF 7.7%.UNILEVER - "COVID-19 CONTINUES TO INFLUENCE CONSUMER BEHAVIOURS AND CHANNEL DYNAMICS IN OUR MARKETS".UNILEVER - QTRLY BEAUTY & PERSONAL CARE UNDERLYING SALES GREW 3.8%, WITH 3.5% FROM VOLUME AND 0.4% FROM PRICE..UNILEVER - QTRLY HOME CARE UNDERLYING SALES GREW 6.7%, WITH 8.5% FROM VOLUME AND NEGATIVE PRICING OF -1.6%..UNILEVER - QTRLY FOODS & REFRESHMENT UNDERLYING SALES GREW 3.7%, WITH 1.8% FROM VOLUME AND 1.8% FROM PRICE.  Full Article

Unilever Plc shareholders approve unification in London
Monday, 12 Oct 2020 

AMSTERDAM, Oct 12 (Reuters) - *Shareholders in Unilever PLC have voted to unify its Dutch and British companies into a single entity with headquarters in Britain.nA5N2F800B:*At a general meeting in London more than 99% of shareholders voted for the plan..*The vote by Unilever PLC shareholders follows a similar vote by NV shareholders last month.nL5N2GI1XE.  Full Article

Unilever CEO expects shareholder support for UK HQ move
Wednesday, 9 Sep 2020 

Sept 8 (Reuters) - Unilever PLC ::UNILEVER CEO SAYS COMPANY COULD HAVE MOVED A QUARTER FASTER WHEN WORKING TO IMPROVE ITS OPERATIONAL CAPABILITY - BARCLAYS CONFERENCE.UNILEVER CEO SAYS GLOBAL ECONOMIC DOWNTURN IS INEVITABLE BUT UNCLEAR HOW WILL PLAY OUT BY COUNTRY.UNILEVER CEO SAYS MAY SEE SOME GROSS MARGIN EROSION AS A RESULT OF CONSUMERS TRADING DOWN TO CHEAPER PRODUCTS.UNILEVER CEO SAYS THERE IS STILL ROOM TO GROW MARGINS BUT DOESN'T THINK WILL BE AT THE SAME RATE AS RECENT YEARS.UNILEVER CEO SAYS DOES NOT FEEL PRESSURE TO MOVE TOO QUICKLY ON TRANSFORMATIONAL ACQUISITIONS, AS STILL HAS ROOM TO GROW WITH CURRENT PORTFOLIO.UNILEVER CEO SAYS WANTS TO STEP UP IN SKIN CARE, LUXURY BEAUTY AND HEALTH AND WELLBEING.UNILEVER CEO SAYS EXPECTS STRONG SHAREHOLDER SUPPORT FOR MOVE TO UK HEADQUARTERS, AND BELIEVES A PROPOSED DUTCH 'EXIT TAX' BILL WOULD BE BREACH OF EU LAW AND UK/DUTCH TAX TREATY.UNILEVER SAYS WON'T SPECULATE ON ALL POTENTIAL PATHS IT COULD TAKE, BUT A HIGH PROBABILITY OF AN EXIT TAX WOULD NOT BE IN SHAREHOLDERS' INTEREST.  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 says Vietnam,Pakistan,Bangladesh,Myanmar will be growth stars in next few years
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Unilever Plc ::CEO ALAN JOPE-ECOMMERCE IS 5 PERCENT OF TURNOVER, BUT WE ARE GROWING AT 30 PERCENT Y-O-Y, AHEAD OF THE MARKET - DEUTSCHE BANK CONFERENCE.CEO SAYS YOU HAVE TO LOOK AT EMERGING MARKETS TO KNOW WHAT UNILEVER IS - DEUTSCHE BANK CONFERENCE.CEO SAYS VIETNAM, PAKISTAN, BANGLADESH, MYANMAR WILL BE OUR GROWTH STARS IN THE NEXT FEW YEARS.CEO SAYS VASELINE BRAND GREW 10 PERCENT IN 2018.  Full Article

Unilever Announces Prices Bonds On European Markets
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Unilever PLC ::UNILEVER PLC UNILEVER NV. - UNILEVER PRICES BONDS ON EUROPEAN MARKETS.UNILEVER PLC - PRICED EUR 650 MILLION AND £500 MILLION IN BONDS ON EUROPEAN MARKETS TODAY.UNILEVER - BONDS COMPRISE EUR 650 MILLION OF 1.500 PER CENT FIXED RATE NOTES DUE JUNE 2039 AND £500 MILLION OF 1.500 PER CENT FIXED RATE NOTES DUE JULY 2026..UNILEVER PLC - BONDS HAVE AN ANTICIPATED ISSUE DATE OF 11(TH) JUNE 2019..UNILEVER PLC - INTENDS TO USE PROCEEDS FOR GENERAL CORPORATE PURPOSES..  Full Article

Unilever Has Requested NV Trust Office To Consider Termination Of Depositary Receipt Structure
Wednesday, 1 May 2019 

May 1 (Reuters) - Unilever PLC ::UNILEVER PLC UNILEVER NV. - UNILEVER DEPOSITARY RECEIPT STRUCTURE.UNILEVER - REQUESTED NV TRUST OFFICE TO CONSIDER INITIATING TERMINATION OF DEPOSITARY RECEIPT STRUCTURE.UNILEVER - NV TRUST OFFICE HAS AGREED TO START REQUIRED PROCESS TO CONSIDER INITIATING TERMINATION OF DEPOSITARY RECEIPT STRUCTURE.  Full Article

Unilever recalling limited quantity of Ben & Jerry's Coconut Seven Layer Bar bulk and Ben & Jerry's Chunky Monkey pints
Tuesday, 16 Apr 2019 

April 15 (Reuters) - Unilever Plc ::UNILEVER ISSUES ALLERGY ALERT ON UNDECLARED TREE NUT IN LIMITED QUANTITIES OF BEN & JERRY’S COCONUT SEVEN LAYER BAR BULK AND CHUNKY MONKEY PINT.UNILEVER SAYS IS VOLUNTARILY RECALLING A LIMITED QUANTITY OF BEN & JERRY'S COCONUT SEVEN LAYER BAR BULK AND BEN & JERRY'S CHUNKY MONKEY PINTS.UNILEVER SAYS LIMITED VOLUNTARY RECALL IS BEING CONDUCTED WITH KNOWLEDGE OF U.S. FOOD AND DRUG ADMINISTRATION.RECALL WAS INITIATED AFTER AN UNDECLARED NUT WAS FOUND DURING PRODUCTION OPERATION.UNILEVER SAYS ONGOING INVESTIGATION SHOWS THAT ISSUE STEMMED FROM AN ERROR FROM ONE OF ITS NUT SUPPLIERS.UNILEVER SAYS HAS NOT RECEIVED ANY REPORTS OF ILLNESS ASSOCIATED WITH RECALLED PRODUCT.  Full Article

S. Africa's Competition Tribunal Says Unilever’s Application For Immunity Cannot Be Used As Evidence Against It
Monday, 4 Feb 2019 

Feb 4 (Reuters) - Unilever PLC ::S. AFRICA'S COMPETITION TRIBUNAL - UNILEVER’S APPLICATION FOR IMMUNITY CANNOT BE USED AS EVIDENCE AGAINST IT.SA'S TRIBUNAL - ORDERED UNILEVER SOUTH AFRICA’S APPLICATION FOR IMMUNITY TO NOT BE INCLUDED AS EVIDENCE AGAINST IT IN MARKET DIVISION CASE AGAINST CO.  Full Article

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Dutch vote brings Unilever step closer to unification

AMSTERDAM/LONDON Unilever NV shareholders approved plans to end the Anglo-Dutch company's dual-headed corporate structure and form a London-based entity, which it says will make dealmaking simpler.