One of the world's largest companies in the stable and cash-generative branded-food and home and personal care industries; Leading positions in many markets with an extensive portfolio of products, underpinned by leading brands; and Unrivalled geographical diversification, with specific expertise in emerging markets. Financial profile that has yet to improve in line with the current rating category; Majority of sales in mature and low-growth categories, despite high growth achieved in the personal care division; and Profitability, although improving, remains below that of main peers. 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. The ratings on the Unilever group companies reflect the group's superior
