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Unilever Releases Sales Warning, Emerging Market Weakness

2013/10/8 19:13:00 34

UnileverSales WarningEmerging Markets

< p > Unilever PLC (ULVR.L) Unilever chief executive Paul Polman said that the group's growth continued to lead the market and hoped that the four quarter growth would be improved.

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< p > as the world's second generation consumer company, the adverse news of Unilever Unilever PLC (ULVR.L) has frustrated consumer company in the stock market.

Shares of Unilever PLC (ULVR.L) Unilever dropped 4%, Procter & Gamble Co., NYSE:PG (NYSE:PG) shares fell by 2.1%.

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< p > emerging markets occupy Unilever PLC (ULVR.L) Unilever's sales of up to 57%, and CEO Paul Polman has said since 2012 that the growth of emerging markets has slowed down.

Paul Polman has said this year that it will usher in double-digit growth this year after nine consecutive quarters of double-digit growth in emerging markets such as China, Brazil and India.

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< p > it is understood that as of the two quarter of June 30, 2013, < a href= "//www.sjfzxm.com/news/index_c.asp" > emerging markets < /a > China, Indonesia, Vietnam, Pakistan, China, Africa and Australia all performed well, leading the Asia Pacific region and Africa to achieve 9.2% growth in the two quarter and the first half of the year.

Although Latin American sales recorded double-digit growth for the eighth consecutive quarter, excellent sales fell by 2% in North America, and overall sales in the Americas increased by 5.2% and 5.6% in the two quarter and the first half of the year respectively.

Europe's sales fell 0.8% and 1.9% in the two quarter and the first half, respectively.

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< p > the first six months ended June 30, 2013, Unilever PLC (ULVR.L) Unilever earned 25 billion 500 million euros, an increase of 0.4% over the same period last year, and a 3.8% increase at the constant exchange rate. The operating profit increased 14% to 3 billion 892 million euros from 3 billion 423 million euros a year earlier, and the profit margin of the business increased by 40 basis points to 14%, mainly from gross profit margin to 120 driving point. The earnings per share rose to 25 billion 398 million euros per share.

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< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Unilever < /a > PLC (ULVR.L) Unilever increased its basic sales growth in the two quarter and the first half of this year by 5%, less than 5.5% of the market expected.

The group said its business grew slowly in economically developed regions such as North America and Europe, and the income in the two quarter was reduced by 1.3%. The growth rate of emerging markets was also slowing down. The growth rate of revenue in the two quarter dropped from 10.4% in the same period last year to 10.3%.

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"P > Unilever PLC (ULVR.L) Unilever increased investment in emerging markets this year. In July, Unilever PLC (ULVR.L) Unilever will spend $3 billion 200 million to increase Hindustan Unilever (HLL.NS) shares of India branch from 52.48% to 67.26%, but the shareholding ratio is still lower than the 75% target announced by the group in April.

< a href= "//www.sjfzxm.com/news/index_p.asp > > India < /a > has become one of the best performing areas in Unilever PLC (ULVR.L) Unilever emerging market.

In the first quarter, Hindustan Unilever (HLL.NS) sales increased by 63 billion 670 million rupees (US $1 billion 100 million), an increase of 12% over the same period last year, and net profit increased 15% over the same period last year.

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< p > Unilever PLC (ULVR.L) Unilever will release its three quarter earnings in October 24th.

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