Unilever PLC ADR
UL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$34.00 | Mhk | Zjqfykvs |
Unilever's Wide Moat and Category Leadership Support Growth in a Challenging Market Environment
Business Strategy and Outlook
Although Unilever exhibited strong top-line performance during the coronavirus, the primary factor behind this was pricing in response to inflationary pressures and low demand elasticity in key categories. While we anticipate pricing to remain a significant driver to top-line growth in 2023, its impact should diminish in subsequent years. As the company shifts focus toward volume growth and mix, we expect organic growth to decelerate below 4% by the end of our explicit forecast period.