Corporate Updates
Unilever Indonesia (UNVR IJ): Results for 9M20 were as expected
Unilever Indonesia (UNVR IJ)
BUY / TP: IDR:8,900 (+12.3%)
Analyst: Research team
Results for 9M20 were as expected
• Slight increase in revenue
• Improvement to its bottom-line
• Innovate to last
• Re-iterate BUY – Unchanged TP