There are things to love and loathe about most companies. Today, I’m going to tell you about three things to loathe about Unilever (LSE: ULVR) (NYSE: UL.US).
I’ll also be asking whether these negative factors make this FTSE 100 consumer goods giant a poor investment today.
Unilever is often spoken of in the same breath as FTSE 100 consumer goods peer Reckitt Benckiser. Both companies are widely regarded as “quality” businesses. When we look at operating margins, though, as in the table below, Reckitt easily comes out on top.
20082009201020112012Average Unilever 14.9% 14.4% 15.0% 14.3% 13.7% 14.5% Reckitt…