UNVR - Commits to maintain 100% dividend payout
UNVR - Commits to maintain 100% dividend payout Unilever Indonesia (UNVR) remains committed to distributing 100% of its net income as dividends for FY25, reinforcing its strategy to retain investor interest despite a prolonged share price decline. The company has acknowledged underperformance over the past five years and is undertaking corrective actions, including pricing adjustments and inventory reductions, to strengthen its financial foundation. In 1Q25, UNVR recorded a 14.6% yoy decline in net profit to IDR1.2 tn and a 6.1% yoy decline in net sales to IDR9.46 tn, primarily driven by weaker wholesale demand. The home and personal care segment contributed 61.9% of total sales, while foods and refreshments accounted for the remaining 38.1%. (Source: Bisnis Indonesia)