Unilever to receive £4bn bid for tea business from US-Singapore consortium
We'll hear about potential buyers after the bid deadline next week
Company
Unilever PLC
LON:ULVR
Unilever is a global supplier of consumer goods, the company`s brands include Knorr, Lipton, Hellmann’s, Magnum, Omo, Dove, Lux and Axe/Lynx.
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Unilever cuts profit outlook due to surging cost volatility
Underlying earnings per share fell 2%, with a negative impact of 6.3% from currency swings
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Unilever and DMGT set to be in Thursday’s spotlight
Unilever PLC and Daily Mail and General Trust are among the notable names in the diary for Thursday.
Unilever faces risk from raw material inflation, says JP Morgan
The sector is facing one of the most important raw material inflations in a decade
Unilever launches €3bn share buyback as mulls best method of tea spin-off
The consumer goods giant expects full-year sales to rise but markets remain volatile
Unilever to focus on growth in US, India, China
In the longer term, the firm also set out to grow underlying revenue by 3%-5%, keeping profits ahead of sales growth and achieving savings of €2bn
Unilever shareholders to vote on climate plans at AGM
"We hope this increased level of transparency and accountability will strengthen the dialogue with our shareholders”
Unilever sees quarterly improvement but some markets dip
Underlying sales in the three months to September 30, 2020, rose by 4% to £12.9bn compared to last year
Eyes on Unilever and Moneysupermarket ahead of Thursday updates
Unilever and Moneysupermarket are among the notable names in the diary for Thursday.
Unilever getting its mojo back, says Barclays
The bank said the consumer goods giant has “one of the most competitive value portfolios” and that they now saw evidence of “better corporate agility, improved execution and, crucially, meaningful share improvement”
Unilever shows beauty of boring (and cleanliness) during pandemic
“Business resilience is a much sought-after attribute in the current economic climate and Unilever has certainly got the right ingredients,” one analyst said
Unilever brews up plans for sale of tea business as sales drop in first half
The group aims to sell its tea brands PG Tips, Lipton and Brooke Bond and all its tea estates
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Unilever and Sage set to be in the spotlight on Thursday
Unilever and Sage Group are among the notable names in the diary for Thursday.
Sell Unilever as growth is “unsustainable”, says UBS, buy Reckitt Benckiser instead
Six of Europe's Big 7 fast-moving consumer goods companies are battling to adapt their business models to a fast-changing and challenging environment
Unilever to merge UK, Dutch divisions but maintains separate listings
The consumer goods firm is looking to simplify its legal structure as well as acquisitions and demergers
Unilever keeps dividend and prepares for lasting changes in consumer behaviour from coronavirus
The consumer goods colossus has seen upswings in sales of hygiene and grocery, with a collapse in out of home consumption that is particularly affecting ice cream sales
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FTSE 100 finishes ahead as oil price recovery continues to provide cheer
West Texas Intermediate (WTI), the US benchmark crude, gained nearly 31% to US$18.03 a barrel. Brent crude added 10% to US$22.40 a barrel
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Unilever dividend to be in focus as it hopes to retain defensive credentials
Unilever, Meggitt and Taylor Wimpey are among the notable names in Thursday's diary.
Unilever upgraded to ‘equal weight’ as Barclays says coronavirus pandemic “dramatically changes” investment case
The bank said Unilever's gearing towards homecare products was currently “a key asset” and that parts of its food and personal care portfolio “should benefit from stock-piling”
Unilever donates €100mln in soap and sanitisers for coronavirus battle
Alan Jope, chief executive, said: “Our strong cash flow and balance sheet mean that we can, and should, give this additional support.”