Corporate Updates
Unilever Indonesia (UNVR IJ): Bounces back in 3Q23
Unilever Indonesia (UNVR IJ)
BUY / TP: IDR:4,700 (+15.2%)
Analyst: Laras Nadira
Bounces back in 3Q23
• Slightly above expectation
• Outlooked for 4Q23 is promising
• Changes in business model and leadership
• Upgrade to BUY with new TP