Unilever Indonesia (UNVR IJ): Expects modest improvement in 2025

Unilever Indonesia (UNVR IJ)
HOLD-OPF / TP: IDR:2,000 (+6.7%)
Analyst: Laras Nadira

Expects modest improvement in 2025
• One-off gain from ice cream business
• Trade-in stocks need time to resolve
• Potential recovery in 2025
• Maintained HOLD-OPF with TP IDR2,000