The ratings on the Unilever group companies reflect the group's superior business profile as one of the world's largest and most diversified companies in the consumer products sector, and the stability that arises from its portfolio of businesses, balanced by its moderate financial profile. U.K.-based Unilever PLC and Netherlands-based Unilever N.V. are the joint parent companies of the Unilever group companies. The group is analyzed on a consolidated basis. In 2002, Unilever had group sales of €48.3 billion ($54.9 billion). Foods accounted for about 57% of the group's turnover and 56% of operating profit, with the group leading global markets in various categories including ice cream, tea, sauces, spreads, and frozen foods. The group's other division--home and personal care--is, however,
