FINANCIAL MARKETS & INSTITUTE

LECTURER PROF.FARHAN GILLANI

REMEMBER US IN YOUR PREYS

Lever brothers is founded by WILLIAM HESKETH LEVER in 1890. Key player in food & household product industry. Historically grew through acquisitions .

LEVER BROTHERS, THE OLD NAME OF UNILEVER CHANGED INTO UNILEVER AFTER THE MERGER OF LEVER BROTHERS & MARGARINE UNIE IN 1930.

UNILEVER IS A MULTI NATIONAL COMPANY IT IS ONE OF THE LARGEST CONSUMER GOODS COMPANIES IN THE WORLD ITS BRANDS ARE ON SALE IN 151 COUNTRIES

UNILEVER DOESNT RETAIL UNDER ITS OWN NAME BUT WITH BRAND NAMES LIKE SURF EXCEL,LIPTON,SUNSILK ETC TODAY UNILEVER EMPLOYEES 179,000 PEOPLE IN 100 COUNTRIES WORLDWIDE

TIME LINE
19th century Although Unilever wasn't formed until 1930, the companies that joined forces to create the business we know today were already well established before the start of the 20th century. 1900s Unilever's founding companies produced products made of oils and fats, principally soap and margarine. At the beginning of the 20th century their expansion nearly outstrips the supply of raw materials. .

TIME LINE
1910s Tough economic conditions and the First World War make trading difficult for everyone, so many businesses form trade associations to protect their shared interests. 1920s With businesses expanding fast, companies set up negotiations intending to stop others producing the same types of products. But instead they agree to merge - and so Unilever is created.

1930s Unilever's first decade is no easy ride: it starts with the Great Depression and ends with the Second World War. But while the business rationalises operations, it also continues to diversify. 1940s Unilever's operations around the world begin to fragment, but the business continues to expand further into the foods market and increase investment in research and development. 1950s Business booms as new technology and the European Economic Community lead to rising standards of living in the West, while new markets open up in emerging economies around the globe.

1960s As the world economy expands, so does Unilever and it sets about developing new products, entering new markets and running a highly ambitious acquisition programme. 1970s Hard economic conditions and high inflation make the 70s a tough time for everyone, but things are particularly difficult in the fast-moving consumer goods (FMCG) sector as the big retailers start to flex their muscles.

 1980s Unilever is now one of the world's biggest companies, but takes the decision to focus its portfolio, and rationalise its businesses to focus on core products and brands. 1990s The business expands into Central and Eastern Europe and further sharpens its focus on fewer product categories, leading to the sale or withdrawal of twothirds of its brands.

 The 21st century The decade starts with the launch of Path to Growth, a fiveyear strategic plan, and in 2004 further sharpens its focus on the needs of 21st century consumers with its Vitality mission. In 2009, Unilever announces its new corporate vision working to create a better future every day with brands that help people look good, feel good and get more out of life.

In the world of consumer products Unilever Pakistan has created an indelible name for itself with brands such as Lifebuoy, Lux, Surf and Walls. Unilever Pakistan Limited needs no introduction By far the largest consumer products company in Pakistan, UPL is a part of the consumer products giant Unilever. UPL was established some fifty years ago in the then newly created Pakistan. The town of Rahim Yar Khan was the site chosen for setting up a vegetable oil factory in 1958 and that is where the first UPL manufacturing facility developed.

 Now a force to be reckoned with Today, Unilever Pakistan is a force to reckon with. Its contribution to Pakistan's economic development cannot be overestimated. Now operating four factories at different locations around the country, the company contributes a significant proportion of the country's taxes. It employs a large number of local managers and workers. It provides a pool of well-trained and highly motivated manpower to other segments and has introduced new and innovative technologies into the country.

CONTD.
The UPL Head Office was shifted to Karachi from the Rahim Yar Khan site in the mid 60's. By this time the once dusty and sleepy village was the hub of activities for UPL. A residential estate situated near the factory is the home of UPL employees at Rahim Yar Khan.

Unilever Type Public company Industry Conglomerate Founded 1930 Headquarters Unilever House, London, United Kingdom Rotterdam, Netherlands Area served Worldwide Key people Michael Treschow (Chairman) Lord Simon of Highbury (Vice Chairman) Paul Polman (CEO) Revenue 44,262 million (2010)[1] Operating income 6,339 million (2010)[1] Net income 4,598 million (2010)[1] Employees 163,000 (2010)[2] Website http://unilever.com

Unilever Pakistan Type Public (KSE: ULEVER) Founded 1948 Headquarters Karachi, Pakistan Website www.unileverpakistan.com.pk

 Unilever Pakistan Limited Company Snapshot Business Description: Unilever Pakistan Limited is a Pakistan-based company. The Company manufactures and sells food, beverage, home care and personal care products. Product brands include, Badami, Blue Band, Brooke Bond, Cornetto, Energile, Knorr, Lipton, Magnum, Pearl Dust, Rafhan, Wall's, Unilever Foodsolutions, Comfort, Rin, Surf Excel, Clear, Close Up, Fair and Lovely, Lux, Lifebuoy, Pond's, Rexona, Sunsilk and Vaseline. The Company is a subsidiary of Conopco Inc. USA and its parent company is Unilever NV Holland with 75.85% of its interests.

Unilever Pakistan Limited Key Data:

Ticker:

ULEVER

Country:

PAKISTAN

Exchanges:

KAR

Major Industry:

Food & Beverages

Sub Industry:

Diversified Food

2010 Sales

44,671,507,000 (Year Ending Jan Employees: 2,064 2011).

Currency:

Pakistan Rupees Market Cap:

78,285,999,2 77

Fiscal Yr Ends:

December

Shares 13,293,869 Outstanding:

Share Type:

Ordinary

Closely Held 10,016,338 Shares:

Stock Data:

Recent Stock Performance:

Current Price (8/5/2011):

(Figures in Pakistan Rupees)

5,888.88
1.5%
18.8%
13 Weeks 52 Weeks

1 Week 4 Weeks

11.7%
50.4%

LAST 5,626 PKR CHANGE TODAY -261.49 -4.44% VOLUME 74.0 ULEVER On Other Exchanges
As of 3:57 AM 08/12/11 All times are local (Market data is delayed by at least 15 minutes).

SnapshotNewsChartsFinancialsEarningsPeopleTransactions SNAPSHOT OF UNILEVER PAKISTAN LTD (ULEVER)

OPEN

PREVIOUS CLOSE

5,888
DAY HIGH 5,900 52 WEEK HIGH 08/9/11 - 6,149 MARKET CAP 74.8B EPS TTM 270.74 EX-DATE 08/29/11 DIVIDEND 262.00 K = Thousands M = Millions B = Billions DIVIDEND YIELD P/E TTM SHARES OUTSTANDING AVERAGE VOLUME 10 D 52 WEEK LOW DAY LOW

5,888

5,600

08/17/10 - 3,710

124.3

13.3M

20.8x

4.37%

INDUSTRY ANALYSIS View Detailed ULEVER Financials | View Sector Analysis ULEVER TRANSACTIONS

Valuation

ULEVER

Industry Range

Type Date

Price/Earnings

Target

21.5x 1.7x 32.0x 21.5x 1.6x

Price/Sales Price/Book Price/Cash Flow TEV/Sales

ULEVER

No transactions in the last 6 months.

Key developments for UNILEVER PAKISTAN LTD (ULEVER)

Unilever Pakistan Ltd. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2011; Recommends Interim Dividend for the Half Year Ended June 30, 2011 08/9/2011 Unilever Pakistan Ltd. announced earnings results for the second quarter and six months ended June 30, 2011. For the quarter, the company reported sales of PKR 12,633 million, profit from operations of PKR 941 million, profit before taxation of PKR 914 million and profit after taxation of PKR 633 million or PKR 47.61 per basic and diluted share compared to sales of PKR 12,633 million, profit from operations of PKR 926 million, profit before taxation of PKR 901 million and profit after taxation of PKR 605 million or PKR 45.64 per basic and diluted share over the same period a year ago. For the six months, the company reported sales of PKR 24,803 million, profit from operations of PKR 2,311 million, profit before taxation of PKR 2,264 million and profit after taxation of PKR 1,532 million or PKR 115.20 per basic and diluted share compared to sales of PKR 21,504 million, profit from operations of PKR 1,868 million, profit before taxation of PKR 1,797 million and profit after taxation of PKR 1,187 million or PKR 89.30 per basic and diluted share over the same period a year ago. In view of the financial results for the half year January to June 2011, the directors have recommended an interim dividend of PKR 105 or 210% per ordinary shares of PKR 50 against PKR 89 or 178% per ordinary share a year ago. This will be payable to members on the number of ordinary shares held by them at the close of business on 05 September 2011. Unilever Pakistan Ltd. expected to report Fiscal Year 2011 results on February 14, 2012. This event was calculated by Capital IQ (Created on June 20, 2011). 06/20/2011 Unilever Pakistan Ltd. expected to report Fiscal Year 2011 results on February 14, 2012. This event was calculated by Capital IQ (Created on June 20, 2011). Unilever Pakistan Ltd. to Report Q2, 2011 Results on Aug 09, 2011 06/17/2011 Unilever Pakistan Ltd. announced that they will report Q2, 2011 results on Aug 09, 2011

Unilever Pakistan Limited formerly known as Lever Brothers Pakistan Limited (LBPL) is a subsidiary of Unilever PLC, UK. ULEVER was incorporated in Pakistan in 1948 as Lever Brothers Pakistan Limited and merged with Lipton in 1989 and Brooke Bond in 1997. It became the largest ice-cream manufacturers in Pakistan through an amalgamation with Polka in May 1999. Following these acquisitions, including US-based Bestfoods, Unilever's foods business is the world's third largest after Nestle and Kraft. It is a global leader in culinary foods, ice cream, margarine and tea-based beverages. It is the largest FMCG in Pakistan and is listed on all stock exchanges of the country