Unilever PLC

Latest Results (22.10.2025):

Unilever PLC reported its financial results for the first half of 2025, demonstrating a steady underlying sales growth of 3.4%. Despite challenges such as adverse currency impacts and disposals, the company remains confident in its full-year outlook, driven by strong performance in developed markets and strategic investments in key segments.

Sales Growth

Unilever achieved an underlying sales growth (USG) of 3.4% in the first half of 2025, with a volume growth of 1.5% and price increases contributing 1.9%. The second quarter saw an improved USG of 3.8%, supported by positive volume growth across all business groups.

Revenue and Turnover

Turnover for the first half stood at €30.1 billion, reflecting a decline of 3.2% compared to the previous year. The decrease was mainly due to adverse currency effects of 4.0% and net disposals impacting turnover by 2.5%. Despite this, the company's strong gross margin of 45.7% was maintained.

Profitability

The underlying operating profit for the first half was €5.8 billion, a decrease of 4.8% year-over-year. The underlying operating margin was 19.3%, down by 30 basis points. Free cash flow improved to €1.1 billion, while net profit declined by 5.1% to €3.8 billion.

Segment Performance

Personal Care led growth with a 4.8% increase in underlying sales, driven by high-single-digit growth in Dove. Beauty & Wellbeing grew by 3.7%, and Ice Cream saw a robust 5.9% increase. Home Care and Foods experienced modest growth of 1.3% and 2.2%, respectively.

Strategic Initiatives

Unilever continued its productivity programme, achieving approximately €650 million in savings by the end of 2025. The company also progressed with the operational separation of its Ice Cream business, aiming for a demerger in mid-November 2025. Additionally, a quarterly dividend of €0.4528 per share was announced, alongside a €1.5 billion share buyback.