Highlights

  • The company reported underlying sales growth of 5.1% YoY, supported by 2.4% volume increase
  • Home Care and Beauty & Wellbeing delivered the highest category results
  • Ice Cream separation on track for completion by mid-2026

Unilever PLC (LSE:ULVR) announced its trading results for the third quarter of 2025, showing an underlying sales growth of 5.1%. This performance was fueled by a 2.4% rise in underlying volume growth and a 2.6% boost in underlying price growth. Total quarterly revenue reached EUR 15.9 billion, up 4.8% compared to the same period last year.

For the first nine months of 2025, Unilever posted USG of 5.2%, supported by a 2.3% gain in volumes and a 2.8% increase in pricing. The company highlighted balanced contributions from both price and volume across its entire portfolio.

Category Performance
Home Care and Beauty & Wellbeing were the standout performers in Q3, each recording 7.1% USG. Home Care benefited from a rebound in fabric care and growth across Latin America, while Beauty & Wellbeing experienced steady demand across core and premium product segments.

The Nutrition business delivered 5.2% growth, driven by sauce and dressing volumes. Personal Care achieved 4.9% growth on continued demand for deodorants, while Ice Cream sales rose 1.8% as preparations advanced for the division’s upcoming separation.

Regional Breakdown
Latin America led regional growth with a 10.2% rise in underlying sales, followed by South Asia at 8.1% and Africa at 6.7%. Europe recorded a 1.6% increase amid stable pricing and favorable demand, while North America rose 2.4%. In China, sales improved 2.9%, signaling a gradual recovery in market conditions.

Ice Cream Division Separation
Unilever confirmed that its Ice Cream business separation remains on track, with completion expected by mid-2026. The unit, which includes brands such as Magnum and Ben & Jerry’s, is being prepared to operate as an independent, publicly traded company.

Management Commentary
Hein Schumacher, Chief Executive Officer of Unilever, stated:
“We are seeing positive momentum in competitiveness and growth across our portfolio. Our priority remains on driving consistent results while advancing the next phase of our strategic transformation, which includes the Ice Cream separation.”

Outlook
Unilever reaffirmed its full-year 2025 guidance, expecting mid-single-digit underlying sales growth alongside a modest improvement in underlying operating margin. The company remains committed to enhancing productivity, simplifying its portfolio, and maintaining cost efficiency as part of its broader strategic agenda.

Share Performance  

The company is currently trading at GBX 4,740 and up by 1.87% from its previous close of GBX 4,653.