Unilever Indonesia (UNVR.IJ Rp2,690; BUY TP Rp3,200) The Inflection Point Is Here
UNVR delivered a strong 3Q25 turnaround, driven by higher vol in all segments, resulting in +12.4% yoy sales and +117.2% yoy net profit jump.
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Unilever Indonesia (UNVR.IJ) - Signs of Stabilization Amid Ongoing Recovery
We adjusted our earnings estimates by +23.5%/22.8% in FY25/26F reflecting expectations of modest vol. improvement, higher ASP and cost efficiency.
376 Views
Mayora Indah (MYOR IJ) - Classy Biscuits and Beverages
Mayora Indah (MYOR IJ) saw a significant positive surge in profitability from lower raw material prices and lower operating costs in 3Q2023, which...
688 Views
Unilever Indonesia (UNVR.IJ) FY24 Earnings Missed
Following FY24 results miss, we cut our FY25/26 net profit forecasts by 10%/13% due to lower volume, lower ASP, and higher opex.
461 Views
Curator's Cut: Critical Minerals' Rise, SEA's Digital Promise & IT Services in Flux
In this cut, we review the global focus on critical minerals, how ASEAN's digital economy can grow amidst political uncertainty, and how IT...
340 Views