Unilever

Unilever Plc engages in the manufacture and sale of consumer goods. It operates through the following segments: Beauty and Personal Care, Foods and Refreshment, and Home Care. The Beauty and Personal Care segment offers skin cleansing, hair care, skin care, and deodorants categories. The Foods and Refreshment segment sells ice cream, savory, dressings, and tea. The Home Care segment includes fabric category and a wide range of cleaning products. The company was founded by Antonius Johannes Jurgens, Samuel van den Bergh, and William Hulme Lever on January 1, 1930 and is headquartered in London, the United Kingdom.

Unilever Plc engages in the manufacture and sale of consumer goods. It operates through the following segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment offers hair care, skin care, and prestige beauty and health & wellbeing. The Personal Care segment consists of sales of skin cleansing, deodorant, and oral care products. The Home Care segment comprises of sales of fabric care and a wide range of cleaning products. The Nutrition segment refers to sales of scratch cooking aids, dressings, and tea products. The Ice Cream segment covers primarily ice cream products. The company was founded by Antonius Johannes Jurgens, Samuel van den Bergh, and William Hulme Lever on January 1, 1930 and is headquartered in London, the United Kingdom.

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Unilever (UL) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

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Unilever's share price has continued to disappoint over the past few months. The underlying business, however, is on an even strong footing now than it was a year ago.

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UL shares have been falling since Q4 2020 results last Thursday, losing 6.2% on the first day and are now 9% lower. COVID-19 was a net negative for UL in 2020, but underlying sales were still up 2% and EBIT was still up 0.7%, excluding currency.

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The Unilever Group (UL) CEO Alan Jope on Q4 2020 Results - Earnings Call Transcript

Unilever, the multinational consumer goods giant, recently backed customer service platform Limitless in a $10 million Series B funding round.  The global customer service industry is currently valued at around $40 billion — and is rife for disruption. Founded in 2016, London-based Limitless uses AI to help clients lay out and address their customer service needs, including everything from rising costs to fluctuations in demand. Customers include the likes of Ebay and Microsoft, as well as the Daily Mail.

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Expect another year of big changes at Unilever. The consumer goods giant is open to an IPO for its tea business, CEO Alan Jope said Thursday while presenting Unilever's 2020 results. Jope told Bloomberg that an IPO was "highly likely" for the tea business, though he added that a sale was still possible. Unilever has been considering offloading the unit, which includes Lipton and PG Tips, for about a year, though Jope and other executives at the company have previously kept their options wide open.

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Unilever plc (LON: ULVR) said on Thursday that its net profit posted a decline in fiscal 2020. The company reported lower than expected profit for the year due to the ongoing Coronavirus pandemic that disrupted its business.

Unilever said its net profit slid to £4.93 billion in fiscal 2020

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Alan Jope says multinational firm will look at different working patterns after pandemic experiences

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Unilever is strongly encouraging its employees to get vaccinated against the coronavirus as soon as possible, its chief executive officer told Reuters on Wednesday.

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Unilever Plc said investors should not "hold their breath" on any significant disposals in its beauty and personal care business, though it could do some smaller deals, as part of a reshaping of its portfolio, its chief executive told Reuters.

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Unilever shares have been a reliable long-term performer, benefiting from a highly profitable underlying business and more than adequate growth. COVID impact aside, its relatively high exposure to emerging markets can keep growth at an acceptable level.

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News for Unilever Stock (UL)