The ratings on Unilever PLC reflect its superior business profile as one of the world's largest and most diversified branded food and consumer product companies, offset by its moderate financial profile after the acquisition of U.S.-based Bestfoods. Ratings are underpinned by Unilever's very strong global market positions in its core categories. It is the global leader in food categories, including ice cream, tea, culinary and sauces, spreads, and frozen foods, while in home and personal care it is mainly number one or two, with categories including skincare, fragrances, deodorants, soaps, and laundry. In 2000, Unilever had sales of Ç47.6 billion ($43.6 billion) and generated operating profit before exceptional items and amortization of Ç5.7 billion. The stable demand characteristics in Unilever's
