Unilever PLC Earnings Recaps
Q3 2025
Oct 24, 2025
Unilever reported a solid third quarter with a 4% increase in underlying sales growth, driven by continued volume expansion and strong performance across all business groups, despite challenging market conditions.
Key takeaways
- Underlying sales growth of 4% and volume growth accelerated to 1.7%, excluding Ice Cream.
- North America showed robust growth at 5.5%, supported by Personal Care and Wellbeing brands.
- Power Brands contributed significantly with a 4.4% sales increase, highlighting strong double-digit growth in brands like Vaseline and Liquid I.V.
- Emerging markets rebounded with 4.1% sales growth, led by recovery in Indonesia and positive trends in China.
- Continued focus on premiumization and innovative product offerings positioned Unilever well for sustained growth and market share gains.
Q2 2025
Aug 1, 2025
Unilever reported solid first-half performance with underlying sales growth of 3.4%, driven by positive volume growth across all business groups, despite challenging market conditions in some regions.
Key takeaways
- Underlying sales growth in Q2 improved to 3.8%, with volume growth contributing 1.8% and price growth 2%, reflecting effective pricing strategies amid inflation.
- Strong performance in developed markets, particularly North America (+5.4% sales growth) and Europe (+3.4%), driven by innovative product launches and premium brand investments.
- Asia Pacific Africa showed promising growth at 3.5% for H1, with expectations for acceleration, particularly in India, following operational improvements.
- Latin America faced challenges, reporting only 0.5% growth, largely due to currency impacts and subdued market conditions, but competitive share gains were maintained.
- Ice Cream segment performed well, supported by brand investments and preparations for an upcoming demerger, indicating a favorable outlook for organizational restructuring.