Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Unilever    ULVR   GB00B10RZP78

UNILEVER (ULVR)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Unilever Is 'Extremely Unlikely' To Be Included in FTSE -CFO

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/14/2018 | 10:51am CEST

By Saabira Chaudhuri

LONDON--Unilever PLC on Thursday dashed investor hopes that it could maintain a primary listing in London following its move to consolidate its dual headquarters in Rotterdam.

Unilever, which currently operates as two separately listed companies--Unilever PLC and Unilever NV--said in March it would unify its dual British-Dutch legal structure.

"It's very clear to us that it's extremely unlikely that the new NV shares will be included in the FTSE UK series," said Unilever Chief Financial Officer Graeme Pitkethly at an investor conference in Paris on Thursday. "Consequently we think our weighting in the pan European indices will be increased."

Separately, Mr. Pitkethly said sales growth in the first half of the year would be below Unilever's full-year target of 3% to 5% due to strikes in Brazil. However, he maintained sales guidance for the year.

London shares of Unilever dropped 1.7% following his remarks.

Mr. Pitkethly said Unilever will maintain a premium listing in London. Despite the disappointment of not being able to list on Britain's blue-chip index the FTSE 100, of which Unilever is one of the largest components, he maintained that simplification is the "right thing for the company."

Write to Saabira Chaudhuri at [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
FTSE 100 INDEX 0.28% 7234.11 End-of-day quote.-5.90%
UNILEVER (NL) -0.31% 46.955 Delayed Quote.-0.29%
UNILEVER (NL) 0.18% 46.89 Delayed Quote.-0.32%
UNILEVER NV (ADR) 0.04% 54.41 Delayed Quote.-3.44%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on UNILEVER
08:12pCHECKOUT COUNTER : Unilever’s Brexit begins - More than a slice - Televisi..
AQ
04:23pMediaocean And IBM Partner To Integrate Blockchain Across The Media Ecosystem
AQ
12:15pUNILEVER : calls on industry to increase trust, transparency and measurement in ..
AQ
12:15pUNILEVER : Young Entrepreneurs Awards four life-changing reasons to enter
AQ
06/20MARTIN SORRELL : Sorrell's heir apparent flags need for radical change at WPP
RE
06/20UNILEVER : launches campaign aimed at fake followers to boost transparency
AQ
06/20Mediaocean and IBM Partner to Integrate Blockchain Across the Media Ecosystem..
AQ
06/19KELLOGG : Consumer Goods Ranked in Top Third of Industries Studied in MBLM's Bra..
AQ
06/19UNILEVER : Our brands should be part of the answers to Nigeria's challenges - Ns..
AQ
06/19Company news in brief
AQ
More news
News from SeekingAlpha
06/19DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : 3 Reasons You Should Avoid This Dangerous.. 
06/15Unilever (UL) Presents At Deutsche Bank dbAccess 2018 Annual Global Consumer .. 
06/14The 'Value' Stock That Traditional Value Investors Can't See 
06/12DIVIDEND SENSEI'S PORTFOLIO UPDATE 3 : Why The Stock Market Might Soar 22% In Th.. 
06/05Taking A Closer Look At Unilever 
Financials (€)
Sales 2018 51 726 M
EBIT 2018 9 406 M
Net income 2018 6 009 M
Debt 2018 21 195 M
Yield 2018 3,30%
P/E ratio 2018 19,11
P/E ratio 2019 19,95
EV / Sales 2018 3,04x
EV / Sales 2019 3,02x
Capitalization 136 B
Chart UNILEVER
Duration : Period :
Unilever Technical Analysis Chart | ULVR | GB00B10RZP78 | 4-Traders
Technical analysis trends UNILEVER
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 50,3 €
Spread / Average Target 8,3%
EPS Revisions
Managers
NameTitle
Paulus Gerardus J. Polman Chief Executive Officer & Executive Director
Marijn E. Dekkers Chairman
Graeme David Pitkethly Chief Financial Officer & Executive Director
David Blanchard Chief Research & Development Officer
May Lung Cha Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
UNILEVER-1.19%157 356
PROCTER & GAMBLE COMPANY-16.92%191 939
UNILEVER NV (ADR)-3.44%157 298
UNILEVER (NL)-0.32%157 112
RECKITT BENCKISER-10.23%57 314
ESTEE LAUDER COMPANIES21.82%56 891