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UNVR – Solid Performance Supported by Most Segments

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Cindy Alicia
Cindy Alicia
Analyst - Consumer, Healthcare
Cindy Alicia
Latest posts by Cindy Alicia (see all)
  • Company Report | [JPFA] Impacted by Weaker Poultry Prices in 4Q23 - March 19, 2024
  • Company Report | [SIDO IJ] Strong Performance in 4Q23 - February 27, 2024
  • Company Report | [MAPI IJ] Stable Performance in Almost All Segments - January 11, 2024

UNVR’s top and bottom line performance in 1Q22 booked growth of 5.4% YoY dan 19.0% YoY. F&R segment booked the highest growth of 8.2% YoY, with gross margin successfully maintained at 45.0% in 1Q22. In the future, we see UNVR’s performance to still be maintained by the F&R segment, in line with PPKM relaxation

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