Unilever Indonesia (UNVR IJ): A leading FMCG player

Unilever Indonesia (UNVR IJ)
Analyst: Anindya Saraswati
HOLD / TP: IDR:45,500 (-4.5%)
A leading FMCG player
• King of the hill
• Challenge: changing consumer behavior
• Strong financials
• Initiate coverage with HOLD