UK consumer giant mulls Africa exit over Nigeria's naira woes [Yahoo! Finance]
Unilever PLC (UL)
US:NYSE Investor Relations:
unilever.com/investor-relations
Company Research
Source: Yahoo! Finance
PZ's group revenue for the three months to March 2 — which it defines as the third quarter of its financial year — fell by 23.7% “primarily as a result of the devaluation of the Nigerian naira,” the company said last week. Its Africa business, despite raising product prices to account for inflation, saw its revenue halved during the period. It was a much steeper decline than was recorded in its other markets in Europe and Americas, and the Asia-Pacific, at -1.4% and -10.7% respectively. The company said it has carried out “a strategic review of our brands and geographies” to focus on where it can be most competitive. In particular, PZ's board described its Africa operations as “a complex group of assets” and is “evaluating the strategic options both to reduce risk and to maximise shareholder value.” It could lead to an outright sale, with CEO Jonathan Myers saying “ nothing is ruled out .” Last year, PZ said it would delist its Nigeria subsidiary from the stock exchange by paying
Show less
Read more
Impact Snapshot
Event Time:
UL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UL alerts
High impacting Unilever PLC news events
Weekly update
A roundup of the hottest topics
UL
News
- The 30 Under 30 Entrepreneurs Carving Their Own Niche In Asia's Retail And Ecommerce Space [Forbes]Forbes
- Meet Asia's 2024 30 Under 30 Social Entrepreneurs And Activists Who Are Making A Positive Impact [Forbes]Forbes
- Questor: Play the long game by investing in this consumer goods supplier [Yahoo! Finance]Yahoo! Finance
- ProvisionAi to Showcase Award-Winning Solutions at Kinexions 2024 [Yahoo! Finance]Yahoo! Finance
- Hellmann's NEW Chipotle Mayo Inspires the Mayo Manicure, Summer's Spiciest Nail Trend [Yahoo! Finance]Yahoo! Finance
UL
Sec Filings
- 5/3/24 - Form 6-K
- 5/1/24 - Form 6-K
- 5/1/24 - Form 6-K
- UL's page on the SEC website