Obtaining high EPS growth is a main goal for me with my investments, which is why I’m considering the prospects of Unilever plc (LON:ULVR) (ULVR.L), easyJet plc (LON:EZJ) (EZJ.L), Whitbread plc (LON:EZJ) (EZJ.L) and Reckitt Benckiser Group Plc (LON:RB) (RB.L).
Unilever has a bright growth outlook in my view. It has exposure to some of the best-performing consumer markets in the world, with around 60% of its sales being generated in the emerging world.
This could provide it with a stronger growth performance than some of its sector peers. With the company having double-digit growth forecasts over the next couple of years, I’m upbeat about the prospects for the Unilever share price.
easyJet’s EPS growth is expected to improve significantly in the current year. The company has delivered a couple of years of EPS falls in recent periods, with slowing demand from consumers following terrorist attacks being a key reason.
However, a strategy focused on increasing passenger numbers could reinvigorate the company’s operational performance. It may also lead to a higher rating than easyJet’s PEG ratio of 0.8.
Whitbread’s growth strategy could gain a boost through its increasing focus on China and Germany. Both of these markets appear to offer significant opportunities for the company to not only increase its presence, but to also deliver higher EPS growth.
With Whitbread also having a strong position within the UK, the company could enjoy a prosperous future in my view. Therefore, it remains one of my top picks in the consumer goods industry.
Reckitt Benckiser’s decision to restructure could be a good move in my opinion. It could create a more efficient business that is better able to deliver improving EPS growth over the long run.
With Reckitt Benckiser having a strong position within various product categories in fast-growing economies, I feel that it could deliver improving financial performance. The acquisition of Mead Johnson could allow the company to capitalise on growth potential within China in particular.