Flash | 28 Jul 2026 01:04:10 ET │ 11 pages Unilever Indonesia (UNVR.JK) Thoughts post-2Q26 call; Operational metrics improving, but macro headwinds persist CITI'S TAKE 2Q26 continuing operations growth were in-line and volume-led: Net Sales Rp8.5tn (+11.6% YoY) and NPAT Rp829bn (+4.8%). Overall we see business fundamentals improving (better distribution productivity and operational metrics), but macro headwinds would limit growth potential. Positives: Offline volume share has recovered to FY24 level of 27%, ...