HUL Q3 Review - Innovations Led Growth Ahead: Prabhudas Lilladher
HUL Q3 Review - Innovations Led Growth Ahead: Prabhudas Lilladher
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Prabhudas Lilladher Report
We remain constructive on Hindustan Unilever Ltd. post Q3 Concall given improving growth outlook led by -
- Robust growth across health, nutrition and personal care,
- Increasing distribution reach,
- Strong portfolio of new products in hygiene, nutrition and personal care
- Restoration of supply chain
- Higher share in distribution platforms of future (modern trade and e-com) and
- Synergy benefits from GlaxoSmithKline Consumer Healthcare Ltd. merger.
We expect steady built up in growth momentum led by an increase in demand for discretionary, out of home and nutrition.
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