Unilever Indonesia (UNVR IJ): Needs time to rebuild
Unilever Indonesia (UNVR IJ)
HOLD-UPF / TP: IDR:2,400 (-3.6%)
Analyst: Laras Nadira
Needs time to rebuild
• Marks the lowest 1H earnings
• Sales was hit across all segment
• Our FY2024 forecast revised down
• Maintain HOLD-UPF with lower TP of IDR2,400