10-15-2014, 10:52 AM
DW is spot on. That was the glaring statement from Unilever's financial report last quarter/year. While the dividends are safe, the company has been facing a lot of currency conversion rate headwinds and growth has been slow. They have been looking to penetrate the frontier markets (Africa, parts of S.America) to drive their sales.
However, I am not completely negative about it and I am contemplating a starter position in it. If anyone can get their breakthrough in frontier markets, its the consumer staples like UL & PG.
However, I am not completely negative about it and I am contemplating a starter position in it. If anyone can get their breakthrough in frontier markets, its the consumer staples like UL & PG.