Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

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

UNILEVER PLC

(ULVR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Unilever : boards to press ahead with unification

10/27/2020 | 11:38am EST
FILE PHOTO: The logo of Unilever is seen at the consumer goods group's headquarters in Rotterdam

LONDON (Reuters) - Unilever's boards have decided to proceed with the consumer goods giant's plans to unify its Anglo-Dutch corporate structure into a single entity based in London.

The maker of Hellmann's mayonnaise and Ben & Jerry's ice cream last week said the boards intended to proceed with their proposals "provided that unification, in the boards' view, remains in the best interests of Unilever, its shareholders and other stakeholders as a whole" and that it would update shareholders as appropriate.

The company said on Tuesday that the boards had met and that they consider unification to be in the best interests of all parties and plan to implement the unification.

The move will bring "significant benefits" by increasing Unilever's flexibility when it comes to buying and exiting businesses, removing complexity and strengthening its corporate governance, the boards said.

"The boards are of the view that unification under Unilever PLC is the best practical option to achieve these objectives and will better position Unilever for future success," the company said.

The boards plan to request that the UK High Court approve the cross-border deal at a hearing scheduled for Nov. 2, with a view to completing the process on Nov. 29, the company said.

(Reporting by Martinne Geller; Editing by David Goodman)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
UNILEVER N.V. -0.12% 50.96 Delayed Quote.-0.41%
UNILEVER PLC 0.48% 4582 Delayed Quote.4.82%
All news about UNILEVER PLC
08:41aUNILEVER : to Acquire SmartyPants Vitamins
AQ
03:49aUNIVERSITY OF LIVERPOOL : Researchers awarded GBP965k to develop smart sustainab..
AQ
03:21aUNILEVER : Tech stocks nudge European shares higher, virus woes limit gains
RE
11/25UNILEVER N : to Acquire SmartyPants Vitamins
PU
11/25UNILEVER : to Acquire SmartyPants Vitamins
BU
11/25UNILEVER : Acquires US-Based SmartyPants Vitamins
DJ
11/25UNILEVER : to buy SmartyPants Vitamins, stepping deeper into health market
RE
11/23UNILEVER : Patent Filings Reveal Companies Embracing Microalgae For Sustainable ..
AQ
11/23Danone to cut jobs, product lines in virus-led restructuring
RE
11/20UNILEVER : Going plant-based
AQ
More news
Financials
Sales 2020 50 627 M 60 317 M 60 317 M
Net income 2020 5 921 M 7 055 M 7 055 M
Net Debt 2020 22 484 M 26 788 M 26 788 M
P/E ratio 2020 23,1x
Yield 2020 3,16%
Capitalization 134 B 159 B 159 B
EV / Sales 2020 3,08x
EV / Sales 2021 3,01x
Nbr of Employees 149 867
Free-Float 55,7%
Chart UNILEVER PLC
Duration : Period :
Unilever PLC Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends UNILEVER PLC
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 54,34 €
Last Close Price 51,02 €
Spread / Highest target 23,5%
Spread / Average Target 6,51%
Spread / Lowest Target -21,6%
EPS Revisions
Managers
NameTitle
Alan Jope Chief Executive Officer & Executive Director
Nils Smedegaard Andersen Chairman
Nitin Paranjpe Chief Operating Officer
Graeme David Pitkethly Chief Financial Officer & Executive Director
Richard Slater Chief Research & Development Officer
Sector and Competitors
1st jan.Capitalization (M$)
UNILEVER PLC4.82%159 095
THE PROCTER & GAMBLE COMPANY11.03%343 872
UNILEVER N.V.-0.41%159 095
THE ESTÉE LAUDER COMPANIES INC.19.01%89 262
COLGATE-PALMOLIVE COMPANY23.11%72 645
HINDUSTAN UNILEVER LIMITED11.95%67 960