Unilever Indonesia (UNVR IJ): Faces severe headwinds in 2024
Unilever Indonesia (UNVR IJ)
HOLD-OPF / TP: IDR:2,200 (+4.8%)
Analyst: Laras Nadira
Faces severe headwinds in 2024
• Earnings came below expectations
• Weak sales outcome, UVG lagged
• Earnings forecast revised down
• Maintained HOLD-OPF with lower TP of IDR2,200