Investor Relations Q1 2024 Overview

4.4%underlying sales growth
2.2%underlying volume growth
6.1%underlying sales growth delivered by our 30 Power Brands
3.8%underlying volume growth delivered by our 30 Power Brands

Underlying sales growth (USG)

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Underlying volume growth (UVG)

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Underlying price growth (UPG)

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Magnum’s new mood-inspired ice cream flavours - Chill, Euphoria and Wonder - unwrapped on a serving dish and ready to eat.

Line-up of Dove Men+Care’s latest deodorant products that are designed to provide odour protection for the whole body.

Q1 highlights

Underlying sales growth of 4.4%, with volume growth increasing to 2.2%
All five Business Groups reporting underlying sales growth, led by Beauty & Wellbeing
Turnover increased 1.4% to €15.0 billion with -2.0% impact from currency and -0.9% from net disposals

A Unilever Food Solutions chef smiling as she plates up.

Power Brands (75% of turnover) leading growth with 6.1% USG, driven by a 3.8% increase in volume
Announced separation of Ice Cream and launch of major productivity programme to accelerate the Growth Action Plan
2024 outlook unchanged with underlying sales growth of 3% to 5% and a modest improvement in underlying operating margin

Persil Wonder Wash on the production line

Published our latest Climate Transition Action Plan, with updated targets for achieving net zero emissions across our value chain
Shared our sustainability goals within each of the priority areas - climate, plastic, nature and livelihoods

Our Business Groups

Our brands operate in five Business Groups, each fully responsible and accountable for its strategy, growth, and profit delivery globally.

Beauty & Wellbeing

Consists of Hair Care, Skin Care, Prestige Beauty and Health & Wellbeing (including the vitamins, minerals and supplements business). Expand to view more.

In the 2023 financial year Beauty & Wellbeing had a combined turnover of €12.5 billion.

Our best-known Beauty & Wellbeing brands

Our mission is to make a positive experience of beauty accessible to all women

Opening up possibilities for girls everywhere

Everyone, everywhere deserves healthy, beautiful skin

Geographical footprint – split by geographical area

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Geographical footprint – Emerging versus Developed Markets

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Geographical footprint - Top 5 countries

1. USA
2. India
3. China
4. Brazil
5. Mexico

Personal Care

Consists of Skin Cleansing, Deodorants, Oral Care and Elida Beauty. Expand to view more.

In the 2023 financial year Personal Care had a combined turnover of €13.8 billion.

Our best-known Personal Care brands

When you smell good, good things happen

Our mission is to make a positive experience of beauty accessible to all women

Inspiring women to rise above everyday sexist judgements and express their beauty and femininity unapologetically

Geographical footprint – split by geographical area

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Geographical footprint – Emerging versus Developed Markets

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Geographical footprint - Top 5 countries

1. USA
2. India
3. Brazil
5. UK
5. Indonesia

Home Care

Consists of Fabric Cleaning, Home & Hygiene, Fabric Enhancers and Water & Air Wellness. Expand to view more.

In the 2023 financial year Home Care had a combined turnover of €12.2 billion.

Our best-known Home Care brands

Goodbye ugly dirt. Hello beautiful

To win the war against unsafe sanitation and poor hygiene

Dirt Is Good!

Geographical footprint – split by geographical area

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Geographical footprint – Emerging versus Developed Markets

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Geographical footprint - Top 5 countries

1. India
2. Brazil
3. China
4. Vietnam
5. UK

Nutrition

Consists of Scratch Cooking Aids, Dressings, Beverages and Functional Nutrition (including Horlicks and Boost). Expand to view more.

In the 2023 financial year Nutrition had a combined turnover of €13.2 billion.

Our best-known Nutrition brands

We’re on the side of food

Reinventing Food for Humanity

When did you grow up so much?

Geographical footprint – split by geographical area

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Geographical footprint – Emerging versus Developed Markets

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Geographical footprint - Top 5 countries

1. USA
2. India
3. Netherlands
4. China
5. Indonesia

Ice Cream

Consists of Ice Cream, both in-home and out-of-home. Expand to view more.

In the 2023 financial year Ice Cream had a combined turnover of €7.9 billion.

Our best-known Ice Cream brands

Live from the Heart!

Peace, love and ice cream

True to pleasure

Geographical footprint – split by geographical area

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Geographical footprint – Emerging versus Developed Markets

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Geographical footprint - Top 5 countries

1. USA
2. Turkey
3. Germany
4. UK
5. China

“Unilever delivered improved volume growth in the first quarter driven by our Power Brands. We are implementing the Growth Action Plan at speed, focused on three clear priorities: delivering higher-quality growth, creating a simpler and more productive business, and embedding a strong performance focus.”
Hein Schumacher, Chief Executive Officer

Looking up through the bright green fronds of a palm tree, with sunlight filtering through the dense foliage.

Leading in the next era of corporate sustainability

Visit our Sustainability Hub to find out about our commitments and goals.

Visit our Sustainability Hub

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