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Unilever PLC (ULVR.L)

ULVR.L on London Stock Exchange

4,192.00GBp
13 Dec 2017
Change (% chg)

-16.00 (-0.38%)
Prev Close
4,208.00
Open
4,200.00
Day's High
4,213.50
Day's Low
4,187.00
Volume
559,742
Avg. Vol
2,774,592
52-wk High
4,557.50
52-wk Low
3,130.50

Latest Key Developments (Source: Significant Developments)

Unilever CFO stands by targets
Wednesday, 29 Nov 2017 04:47pm EST 

Nov 29 (Reuters) - Unilever Plc ::UNILEVER CFO SAYS SEES 6 BILLION EUROS IN SAVINGS TO 2019, REINVESTING 4 BILLION OF THAT.UNILEVER CFO SAYS 5 BILLION EURO BUYBACK VIRTUALLY COMPLETE, NET DEBT TO EBITDA ON WAY TO 2 TIMES BY YEAR-END.UNILEVER CFO SAYS EXPECTS UNDERLYING OPERATING MARGIN GROWTH OF AT LEAST 100 BP IN '17, ON TRACK FOR 20 PERCENT MARGIN BY 2020.UNILEVER CFO SAYS "VERY HAPPY" WITH HOW SPREADS PROCESS IS PROGRESSING.UNILEVER CFO SAYS PACE AND VELOCITY OF PORTFOLIO CHANGE THROUGH M&A HAS INCREASED.UNILEVER CFO SAYS COMBINED IMPACT OF 19 ACQUISITIONS SINCE 2015, PLUS SPREADS DISPOSAL AND DIVESTITURES ADDS 1 PERCENT GROWTH TO SALES.  Full Article

Unilever personal care chief sees return to 4 pct-plus growth "soon"
Wednesday, 29 Nov 2017 01:54pm EST 

Nov 29 (Reuters) - Unilever Plc ::UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS "REMAINS UNSATISFIED" WITH SALES AND IS "DETERMINED AND CONFIDENT" THAT CO WILL SOON BE GROWING ABOVE 4 PERCENT.UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS TO LAUNCH DOVE DERMA SERIES, PRESCRIPTION STRENGTH PRODUCTS FOR SKIN CONDITIONS.UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS ON TRACK FOR 1 BILLION EURO AMBITION FOR PRESTIGE BUSINSS.UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS E-COMMERCE WILL ACCOUNT FOR MORE THAN 10 PERCENT OF PERSONAL CARE BUSINESS BY 2021, UP FROM 4 PERCENT NOW.UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS HEALTH AND BEAUTY, E-COMMERCE CHANNELS TO ACCOUNT FOR 70 PERCENT OF GROWTH OVER NEXT 3,4 YEARS.UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS HAS LAUNCHED SKINSEI IN BETA, A PERSONALIZED, DIRECT TO CONSUMER SKINCARE REGIMEN.UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS LAUNCHING LOVE BEAUTY AND PLANET BRAND.UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS 4 NEW ORGANIC BRAND LAUNCHES IN 2017.UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS SLOWDOWN DUE TO MARKET SLOWDOWN, WEAKNESS IN INDONESIA AND BRAZIL AND STEP-UP OF LOCAL COMPETITION.UNILEVER HEAD OF PERSONAL CARE BUSINESS SAYS FIRST TWO ISSUES TEMPORARY, BUT LOCAL COMPETITION IS LONG-TERM PHENOMENON.UNILEVER HEAD OF PERSONAL CARE BUSINESS DECLINES TO SAY WHEN BUSINESS WILL RETURN TO GROWTH ABOVE 4 PERCENT BUT CONFIDENT IT WILL BE "SOON".  Full Article

Unilever Nv Outlook For 2017 Is Reconfirmed‍​
Tuesday, 28 Nov 2017 04:39am EST 

Nov 28 (Reuters) - Unilever Nv ::OUTLOOK FOR 2017 IS RECONFIRMED‍​.SEES STRONG CASH FLOW DELIVERY‍​.CONNECTED 4 GROWTH IS EXPECTED TO DELIVER GROWTH AHEAD OF OUR MARKETS‍​.EXPECT UNDERLYING SALES GROWTH WITHIN THE 3 TO 5% RANGE.SEES IMPROVEMENT IN UNDERLYING OPERATING MARGIN OF AT LEAST 100 BASIS POINTS IN 2017.  Full Article

Unilever Continues To Expect 2017 Underlying Sales Growth of 3-5 pct
Tuesday, 28 Nov 2017 02:50am EST 

Nov 28 (Reuters) - Unilever Plc ::‍UPDATE ON UNILEVER'S 2020 PROGRAMME TO ACCELERATE SUSTAINABLE SHAREHOLDER VALUE CREATION​.SAYS ‍OUTLOOK FOR 2017 IS RECONFIRMED​.‍CONTINUE TO EXPECT UNDERLYING SALES GROWTH WITHIN 3 TO 5% RANGE​.‍BOARD IS CONDUCTING A REVIEW OF DUAL-HEADED LEGAL STRUCTURE​.‍BOARD CONSIDERS THAT UNIFICATION WITH A SINGLE SHARE CLASS WOULD BE IN BEST INTERESTS OF UNILEVER​.SAYS ‍REVIEW BY BOARD IS CONTINUING AND OUTCOME WILL BE ANNOUNCED IN DUE COURSE​.‍CONNECTED 4 GROWTH EXPECTED TO DELIVER GROWTH AHEAD OF MARKETS, EXPECTED TO TRANSLATE TO UNDERLYING SALES GROWTH OF 3-5% PER YEAR BETWEEN NOW-2020​.INTENDS TO ‍TERMINATE N.V. PREFERENCE SHARES​.INTENDS TO ‍CONTINUE TO APPLY BOTH UK AND DUTCH CORPORATE GOVERNANCE CODES​.‍WHATEVER OUTCOME, UPON ANY UNIFICATION, BOARD INTENDS TO, MAINTAIN LISTINGS IN NETHERLANDS, UNITED KINGDOM AND UNITED STATES​.‍EXIT FROM CO'S SPREADS BUSINESS VIA SALE OR DE-MERGER REMAINS FULLY ON TRACK​.  Full Article

Unilever says to buy U.S-based Sundial Brands
Monday, 27 Nov 2017 10:00am EST 

Nov 27 (Reuters) - Unilever Plc ::UNILEVER TO ACQUIRE SUNDIAL BRANDS.UNILEVER TO ACQUIRE SUNDIAL BRANDS.‍TO ACQUIRE SUNDIAL BRANDS, A NEW YORK-BASED PERSONAL CARE PRODUCTS COMPANY​.‍SUNDIAL BRANDS WILL OPERATE AS A STANDALONE UNIT WITHIN UNILEVER​.‍SUNDIAL'S FOUNDER, RICHELIEU DENNIS, WILL CONTINUE TO LEAD BUSINESS AS CEO AND EXECUTIVE CHAIRMAN​.‍TERMS OF TRANSACTION WERE NOT DISCLOSED. SUBJECT TO REGULATORY APPROVAL, TRANSACTION IS EXPECTED TO CLOSE IN QUARTER ONE 2018​.  Full Article

Unilever Plc says ‍99 pct of all Unilever N.V. preference shares tendered after post-acceptance period​
Friday, 3 Nov 2017 03:00am EDT 

Nov 3 (Reuters) - UNILEVER PLC :‍99% OF ALL UNILEVER N.V. PREFERENCE SHARES TENDERED AFTER POST-ACCEPTANCE PERIOD​.‍FOLLOWING SETTLEMENT, UNILEVER PLC WILL HOLD 99% OF ISSUED AND OUTSTANDING 6% AND 7% PREFERENCE SHARES​.‍STATUTORY BUY-OUT PROCEEDINGS WILL BE INITIATED FOLLOWING SETTLEMENT OF POST-ACCEPTANCE PERIOD​.  Full Article

Starbucks ‍enters agreement for Unilever to acquire assets of Tazo brand
Thursday, 2 Nov 2017 04:03pm EDT 

Nov 2 (Reuters) - Starbucks Corp :Starbucks drives single tea brand strategy with Teavana; sells Tazo brand to Unilever.Starbucks Corp - ‍entered agreement for Unilever to acquire assets of Tazo brand including signature recipes, intellectual property, inventory for $384 million​.  Full Article

Unilever declares offer for all pref shares
Thursday, 26 Oct 2017 02:00am EDT 

Oct 26 (Reuters) - Unilever Plc :UNILEVER PLC DECLARES OFFER FOR ALL PREF SHARES.‍DECLARES OFFER FOR ALL PREFERENCE SHARES IN UNILEVER N.V. UNCONDITIONAL​.  Full Article

INTERVIEW-Unilever CFO looking forward to spreads unit bids
Thursday, 19 Oct 2017 02:31am EDT 

Oct 19 (Reuters) - Unilever Plc :Interview-Unilever cfo says q3 sales shortfall due to europe, north america, while emerging markets were strong.Interview-Unilever cfo says saw double-digit volume declines in european ice cream in q3.Interview-Unilever cfo says issued info memorandum on spreads business 3 weeks ago.Interview-Unilever cfo says has 3 or 4 large consortia of private equity bidders for spreads business.Interview-Unilever cfo says interested to see what bids come in from strategics and around emerging market business.  Full Article

Unilever says to review Norwich manufacturing site, options include potential closure
Tuesday, 3 Oct 2017 07:17am EDT 

Oct 3 (Reuters) - Unilever Plc::UNILEVER PLC - FOLLOWING BRITVIC’S ANNOUNCEMENT TO CLOSE MANUFACTURING SITE IN NORWICH, UNILEVER WILL BE LAUNCHING REVIEW OF ITS PRODUCTION AT THE SITE‍​.UNILEVER PLC - WILL REVIEW BRITVIC’S PROPOSED WITHDRAWAL FROM THE SITE;TO CONSIDER OPTIONS FOR THE SITE, INCLUDING POTENTIAL CLOSURE OF NORWICH FACTORY.  Full Article

BRIEF-Unilever Says Completes 5 Bln Euro Share Buyback Programme​

* ‍UNILEVER COMPLETES EUR5BN SHARE BUYBACK PROGRAMME​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)