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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Unilever PLC    ULVR   GB00B10RZP78

UNILEVER PLC

(ULVR)
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Unilever : to shut ice cream facility in Nevada, cut 300 jobs

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06/25/2019 | 10:50am EDT
The logo of Unilever is seen at the headquarters in Rotterdam

(Reuters) - Unilever said on Tuesday it would close its ice cream manufacturing facility in Henderson, Nevada, resulting in 300 people losing their jobs.

The plant manufactures ice cream and frozen novelties for brands including Ben and Jerry's, Breyers, Magnum, Popsicle, Good Humor and Klondike, said Catherine Reynolds, a Unilever spokeswoman.

"The closure of our Henderson facility is in the best long-term interest of our business," she said, adding that the facility's production will be transferred to factories in Sikeston, Missouri; Covington, Tennesse and Vermont.

Unilever, which also makes household goods ranging from Dove soaps to Knorr packet soups, said the Henderson facility's production would cease at the end of August. Employees at the plant can apply for open positions at other sites.

Unilever's shares were down 0.4 percent at 4,933.5 pence on the London Stock Exchange.

(Reporting by Siddharth Cavale and Noor Zainab Hussain in Bengaluru; Editing by Maju Samuel)

Stocks treated in this article : Unilever (NL), Unilever
Stocks mentioned in the article
ChangeLast1st jan.
UNILEVER PLC -1.80% 5025 Delayed Quote.22.31%
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Financials (EUR)
Sales 2019 52 076 M
EBIT 2019 9 958 M
Net income 2019 6 103 M
Debt 2019 21 718 M
Yield 2019 2,73%
P/E ratio 2019 27,8x
P/E ratio 2020 24,2x
EV / Sales2019 3,30x
EV / Sales2020 3,14x
Capitalization 150 B
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Technical analysis trends UNILEVER PLC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 50,82  €
Last Close Price 55,53  €
Spread / Highest target -1,79%
Spread / Average Target -8,48%
Spread / Lowest Target -15,4%
EPS Revisions
Managers
NameTitle
Alan Jope Chief Executive Officer
Marijn E. Dekkers Chairman
Graeme David Pitkethly Chief Financial Officer & Executive Director
David Blanchard Chief Research & Development Officer
May Lung Cha Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
UNILEVER PLC22.31%152 065
PROCTER & GAMBLE COMPANY29.68%298 269
UNILEVER (NL)12.95%152 065
ESTÉE LAUDER COMPANIES (THE)55.42%73 721
COLGATE-PALMOLIVE COMPANY21.99%62 300
HINDUSTAN UNILEVER1.31%56 053