Profile
Sector:
Consumer DefensiveIndustry:
Household & Personal ProductsCountry:
United KingdomIPO:
25 March 1980Website:
http://www.unilever.comNext earnings report:
07 February 2025Last dividends:
08 November 2024Next dividends:
N/APrice
after hours | Sat, 16 Nov 2024 00:43:03 GMTAnalysts recommendations
Institutional Ownership
UL Latest News
The lawsuit is the latest sign of the long-simmering tensions between Ben & Jerry's and consumer products maker Unilever, which rejected the claims.
In escalation of long-running tensions, the ice-cream brand says its parent company blocked statements in support of Palestinian rights.
Unilever PLC (LSE:ULVR) is being sued again by its ice cream subsidiary Ben & Jerry's, which claims the consumer food giant silenced its support of Palestinians in Gaza. Relations between the companies over the situation in the region have been fraught since 2021 when Ben & Jerry's threatened to pull its products from the occupied West Bank due to a conflict with its values.
Unilever is exploring the sale of some of its Dutch food brands, three sources with knowledge of the process said, as part of a turnaround strategy led by CEO Hein Schumacher to focus on its biggest "power" labels.
Ice cream brand Ben & Jerry's said in a lawsuit filed Wednesday that parent company Unilever has silenced its attempts to express support for Palestinian refugees, and threatened to dismantle its board and sue its members over the issue.
Unilever's Q3 2024 results showed solid growth, driven by Power Brands and a focus on increasing sales volumes rather than prices. The Beauty & Wellbeing segment led growth, with a 6.70% increase in underlying volume growth, while the Ice Cream segment is set for a spin-off by 2025. Europe's negative underlying price growth reflects economic difficulties, while North America showed the strongest performance, driven by a resilient economy.
Unilever PLC (NYSE:UL ) Q3 2024 Earnings Conference Call October 24, 2024 3:00 AM ET Company Participants Hein Schumacher - Director& Chief Executive Officer Fernando Fernandez - Director & Chief Financial Officer Gemma S. - Global Head of Media Relations Conference Call Participants Warren Ackerman - Barclays Celine Pannuti - JPMorgan Chase & Co. Jean-Olivier Nicolai - Goldman Sachs Group Thomas Sykes - Deutsche Bank Guillaume Delmas - UBS Jeffrey Stent - BNP Paribas Exane Victoria Petrova - Bank of America David Hayes - Jefferies Ed Lewis - Redburn Hein Schumacher Good morning and welcome to Unilever's Third Quarter Trading Statement.
Unilever on Thursday reiterated its 2024 outlook after reporting underlying sales growth of 4.5% in the third quarter.
Unilever PLC (LSE:ULVR)'s share price rose 3.4%, adding £4 billion to the value of the Dove soap maker, after it posted third-quarter results that slightly exceeded expectations. The company reported a 4.5% rise in underlying sales, surpassing analysts' forecasts of a 4.2% increase, driven by product innovations and a slower pace of price hikes, leading to its largest sales volume growth in over three years.
Shares in Unilever picked up after the business reported forecast-beating sales growth for quarter three
What type of business is Unilever?
Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements. The Personal Care segment offers skin cleansing products comprising soap and shower; deodorants; and oral care products, such as toothpaste, toothbrush, and mouthwash products. The Home Care segment is involved in the sale of fabric care products, including washing powders and liquids, and rinse conditioners; and fabric enhancers, and home and hygiene products. The Nutrition segment provides dressings products, such as mayonnaise and ketchup; sells scratch cooking aids consist of soups, bouillons, and seasonings; plant-based meat; beverages; and functional nutrition products, including Horlicks and Boost, as well as tea products. The Ice Cream segment offers ice cream products including in-home and out-of-home ice creams. The company provides its products under the AXE, Ben & Jerry's, Cif, Clear, Closeup, Comfort, Cornetto, Dermalogica, Domestos, Dove, Dove Men+Care, Hellmann's, Horlicks, Knorr, LUX, Lifebuoy, Liquid I.V., Magnum, Nutrafol, OMO, Paula's Choice, Pepsodent, Pond's, Rexona, Rexona, Sunlight, Sunsilk, Surf, TRESemmé, Vaseline, Wall's, Breyers, and Yasso brand names. Unilever PLC was founded in 1860 and is headquartered in London, the United Kingdom.
What sector is Unilever in?
Unilever is in the Consumer Defensive sector
What industry is Unilever in?
Unilever is in the Household & Personal Products industry
What country is Unilever from?
Unilever is headquartered in United Kingdom
When did Unilever go public?
Unilever initial public offering (IPO) was on 25 March 1980
What is Unilever website?
https://www.unilever.com
Is Unilever in the S&P 500?
No, Unilever is not included in the S&P 500 index
Is Unilever in the NASDAQ 100?
No, Unilever is not included in the NASDAQ 100 index
Is Unilever in the Dow Jones?
No, Unilever is not included in the Dow Jones index
When was Unilever the previous earnings report?
No data
When does Unilever earnings report?
The next expected earnings date for Unilever is 07 February 2025