New: Nomura has restated his estimate for the operating
margin.
FRANKFURT--The following is a summary of analysts' forecasts for
Unilever NV (UN) 1st half-year results, based on a poll of 10
analysts conducted by Dow Jones Newswires (figures in million
euros, margins in percent, EPS, dividend and target price in euro,
according to IFRS). Earnings figures are scheduled to be released
July 23.
===
Underl.Sales Op. Marg.
1st half-year Sales growth rate reported
AVERAGE 26,768 2.6 14.2
Prev. Year 24,098 3.7 18.2
+/- in % +11 -- --
MEDIAN 26,843 2.6 14.2
Maximum 26,912 2.8 14.3
Minimum 26,381 2.5 14.2
Amount(a) 10 9 4
Baader-Helvea 26,768 2.6 14.2
Berenberg 26,881 2.7 14.3
Deutsche Bank 26,692 2.6 --
J.P. Morgan 26,814 -- --
Jefferies 26,912 2.6 --
Kepler Cheuvreux 26,381 2.5 --
Morgan Stanley 26,872 2.8 --
Nomura 26,574 2.5 14.2
UBS 26,900 2.6 --
Target price Rating DPS 2015
AVERAGE 39.13 positive 2 AVERAGE 1.21
Prev. Quarter 38.25 neutral 4 Prev. Year 1.14
+/- in % +2.3 negative 2 +/- in % +6.4
MEDIAN 39.25 MEDIAN 1.21
Maximum 46.00 Maximum 1.22
Minimum 30.00 Minimum 1.21
Amount 8 Amount 6
Baader-Helvea 42.00 Buy --
Berenberg 40.00 Hold 1.21
Deutsche Bank 46.00 Buy 1.21
J.P. Morgan 38.00 Underweight 1.22
Jefferies 38.50 Hold 1.22
Kepler Cheuvreux 40.00 Hold 1.21
Nomura 30.00 Reduce 1.21
UBS 38.50 Neutral --
===
Year-earlier figures are as reported by the company.
(a) Including anonymous estimates from one more analyst.
DJG/err
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