Corporate Updates
Unilever Indonesia (UNVR IJ): Remained Conservative
Unilever Indonesia (UNVR IJ)
BUY / TP: IDR:8,100 (+40.9%)
Analyst: Research Team
Remained Conservative
• Weak upshot from Home and Personal Care (HPC) division
• Margins lagged quarterly
• Remain conservative for the upcoming quarters
• Re-iterate BUY