Unilever PLC (LSE:ULVR) has had a shaky first half, but Barclays reckons the consumer goods heavyweight could be about to turn a corner. The shares have been lagging, down nearly 6% this year, underperforming the broader European staples sector.
Unilever PLC (LSE:ULVR) is reported to be paying $1.5 billion to acquire men's personal care brand Dr Squatch from private equity group Summit Partners. The transaction, first announced on Monday, is part of Unilever's strategy to grow its presence in premium and high-growth categories.
Unilever is paying $1.5 billion to buy men's personal care brand Dr Squatch from private equity firm Summit Partners, the Financial Times reported on Friday, citing sources.
Barclays takes a cautiously optimistic view of Unilever PLC's (LSE:ULVR) proposed demerger of its ice cream division, home to iconic brands like Magnum, Ben & Jerry's and Wall's, arguing that execution risk and valuation uncertainties may temper the market's enthusiasm in the near term. The planned separation, expected to be completed by the end of 2025, is part of Unilever's broader strategy to sharpen its focus on faster-growing, higher-margin segments.
UBS has stuck a 'sell' tag on Unilever PLC (LSE:ULVR), arguing that optimism around its upcoming ice cream spin-off may already be baked into the share price. With the stock trading at 4,637p and the broker setting a 12-month target of 4,000p, the downside case rests on the view that the Anglo-Dutch giant's turnaround narrative faces structural and cyclical hurdles.
Unilever workers in Ivory Coast say the global consumer goods giant is violating their collective bargaining agreement in refusing to ensure severance pay if layoffs take place after the company sells its business there, documents show.
Aptamer Group PLC (AIM:APTA) has entered a second Optimer development agreement with Unilever. It follows a successful initial programme focused on inhibiting enzymes related to body odour.
PG and UL stand tall in the FMCG arena, with PG showcasing brand strength and pricing power, while UL leverages global reach and innovation to fuel momentum.
Those trends include significantly increased coverage since the lows of 2023, firming sentiment with MarketBeat's reported consensus up to Moderate Buy from Reduce compared to last year, and a rising price target.
Unilever PLC (NYSE:UL ) Q1 2025 Sales/Trading Statement Call April 24, 2025 3:00 AM ET Company Participants Fernando Fernandez - Chief Executive Officer Srinivas Phatak - Acting Chief Financial Officer Jemma Spalton - Head of Investor Relations Conference Call Participants Warren Ackerman - Barclays Guillaume Delmas - UBS Jeff Stent - BNP David Hayes - Jefferies Olivier Nicolai - Goldman Sachs Tom Sykes - Deutsche Bank Celine Pannuti - JPMorgan Sarah Simon - Morgan Stanley Ed Lewis - Redburn Fernando Fernandez Good morning, and welcome to Unilever's First Quarter Trading Statement. Thank you for joining us.
Unilever PLC (LSE:ULVR) reported better sales growth in the first quarter than City analysts expected and kept its full-year outlook unchanged. The FTSE 100 consumer goods giant said its plan to spin off its ice cream unit – which it revealed will be called The Magnum Ice Cream Company – remained on track to be completed by the end of the year.
Consumer-brands giant Unilever said it is on track to meet its goals for the year after first-quarter sales were boosted by its key brands, and despite a hit to turnover from net disposals and currency effects.