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Corporate Updates

Unilever Indonesia (UNVR IJ): Sees robust 1H22 results

Unilever Indonesia (UNVR IJ)
BUY / TP: IDR:5,100 (+13.1%)
Analyst: Laras Nadira

Sees robust 1H22 results
• Top-line grew 6.4% in 1H22
• Benefits from cost-saving programs
• Adjustment in forecast
• Re-iterate BUY – TP altered
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