With the ticker "UN," it's appropriate that Unilever's (UN) sales aren't Europe-dominated despite its 126- year European heritage and headquarters based in Rotterdam, the Netherlands and London. Since 2008, Unilever's Asian and African sales have grown at an average of 22% to $17.7 billion, the company's largest revenue base.
The consumer goods conglomerate that sells Dove Soap, Lipton Tea and Ben & Jerry's ice cream isn't so vulnerable to a "Dublin Mudslide" in Europe or a "half baked" solution to its debt crisis. Out of $44.2 billion in annual sales, Unilever earns $14.6 billion in the Americas and just $12 billion in Europe, less than 30% of overall sales.
The diversification of Unilever's foods, personal care and home care business as well as its growth in Asia and Africa have bolstered company shares even as markets deteriorated in Europe. Unilever's gained over 5.5% in 2011 even as the S&P 500 and FTSE 100 have fallen this year.
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