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

UNILEVER (ULVR)
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Unilever Downgrades 3Q Sales Growth Expectations

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09/30/2013 | 06:53pm CET

LONDON--Unilever PLC (>> Unilever plc) Monday downgraded its expectations for third quarter sales growth amid a accelerated slowdown in emerging markets.

The Anglo-Dutch consumer goods company, which now expects third quarter underlying sales growth to be between 3% and 3.5%, said the slowdown in emerging markets growth is due to currency weakening, and that growth in developed markets remained flat to down.

"We continue to grow ahead of our markets and expect underlying sales growth to improve in quarter four," said Chief Executive Officer Paul Polman. "For 2013 we are still on course to deliver against our priorities of profitable volume growth ahead of our markets, steady and sustainable core operating margin improvement and strong cash flow".

London listed shares of Unilever on Monday closed at 2440 pence, valuing the company at 31.53 billion pounds ($50.88 billion).

Write to Tapan Panchal at [email protected]

Stocks mentioned in the article : Unilever plc
Stocks mentioned in the article
ChangeLast1st jan.
UNILEVER (NL) 0.75% 43.485 Delayed Quote.-7.39%
UNILEVER NV (ADR) 1.43% 53.77 Delayed Quote.-5.88%
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Financials (€)
Sales 2018 53 189 M
EBIT 2018 9 641 M
Net income 2018 6 330 M
Debt 2018 19 535 M
Yield 2018 3,65%
P/E ratio 2018 18,22
P/E ratio 2019 17,38
EV / Sales 2018 2,74x
EV / Sales 2019 2,72x
Capitalization 126 B
Chart UNILEVER
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Unilever Technical Analysis Chart | ULVR | GB00B10RZP78 | 4-Traders
Technical analysis trends UNILEVER
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 50,6 €
Spread / Average Target 20%
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
Ann Marie Fudge Vice Chairman
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