Corporate Updates
Unilever Indonesia (UNVR IJ): In-line FY2020 results
Unilever Indonesia (UNVR IJ)
BUY / TP: IDR:8,900 (+23.2%)
Analyst: Research team
In-line FY2020 results
• Revenue remained flat
• Changes in consumer behavior
• Innovate to last
• Re-iterate BUY – Unchanged TP