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Summary

A range of Unilever products on display or being used.

Detailed description

Three Dove Intensive Repair haircare products are displayed on separate plinths and are revealed as the camera pans around – two bottles with pump dispensers and one jar. The Dove logo is displayed briefly before the camera pans from the opposite side and zooms in to text on one of the bottles which reads ‘Conditioner. Bio-protein care + Amino Serum’ and ‘BIO-P’ inside a circle.

A bottle of Hellmann’s Spicy Mayonnaise dressing is shown in a fridge surrounded by tubs, jars, tomatoes, peppers and other fresh produce. A plated chicken burger – in a bun with salad leaves and pickles – is then seen alongside the bottle of spicy mayo. A hand lowers and presses down on the top of the burger. Someone then picks up the burger in both hands before biting into it.

Three Dove products are being carried on a silver tray and are placed on a surface. As the products come into focus, we can see there are three different variants of Whole Body Deo with different skin benefits – a tube that is ‘PH Balancing’, a spray can which is ‘cooling’ and a stick which is ‘anti-chafe’. We then see someone spraying the product from her stomach up towards her neck and throwing her head back as she does so.

A bottle of Persil Wonder Wash next to a pile of towels. A washing machine with the programme selector set to ‘short cycle’. Usain Bolt looking in through the washing machine door as the drum starts to rotate with the words ‘designed for the shortest cycle’ shown on screen.

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Full-year 2025 Results Overview

Sharper focus and disciplined execution driving competitive performance

  • 3.5% underlying sales growth

  • 1.5% underlying volume growth

  • 20.0% underlying operating margin

  • €3.08 underlying earnings per share

Underlying sales growth (USG)

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Underlying volume growth (UVG)

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Underlying price growth (UPG)

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Four Vaseline Gluta Hya lip serum tubes in cherry crush, rosy pink, juicy peach and royal plum displayed against a glossy pink abstract background.
A stacked turkey sandwich with lettuce and tomato sits on the left, with the phrase ‘It’s sandwich time’ in large text at the centre. On the right is a bottle of Hellmann’s Real Mayonnaise next to an American football.

Full-year 2025 highlights:

  • Underlying sales growth (USG) 3.5.%, with 1.5% volume growth; stronger fourth quarter USG of 4.2%, with 2.1% volume
  • Turnover €50.5 billion, down -3.8%; with adverse currency -5.9% and net disposals -1.2%
  • Power Brands (78% of turnover) leading growth with 4.3% USG and volume up 2.2%
Close-up of a hand holding a Liquid I.V. Hydration Multiplier packet in lemon-lime flavour, with a group of people in sports uniforms gathered in the background on an outdoor field under a clear blue sky.
  • Strong gross margin 46.9%, up 20bps, supporting brand & marketing investment up 10bps to 16.1%
  • Underlying operating margin expansion to 20.0%, up 60bps, driven by disciplined overhead management
  • Underlying EPS increased 0.7%; diluted EPS increased 6.2%
  • Productivity programme delivering ahead of plan, with cumulative c.€670 million savings by end of 2025
A photo of three Dove whole-body deodorants: one cream, one stick and one spray. Packaging is white with pastel lettering.
  • 100% cash conversion with FCF of €5.9 billion; down €0.4bn primarily due to Ice Cream demerger costs
  • Quarterly dividend raised 3% vs third quarter 2025
  • New €1.5 billion share buyback announced
  • Further portfolio transformation; Ice Cream demerged and 10 transactions closed or announced since start of 2025

Our Business Groups

Beauty & Wellbeing

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

In the 2025 financial year Beauty & Wellbeing had a combined turnover of €12.8 billion.

Our best-known Beauty & Wellbeing brands

Dove packaging

Dove

Change beauty into a positive experience for every woman and the next generation

Sunsilk packaging

Sunsilk

Opening up possibilities for girls everywhere

Vaseline packaging

Vaseline

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 and Oral Care.

In the 2025 financial year Personal Care had a combined turnover of €13.2 billion.

Our best-known Personal Care brands

AXE packaging

Axe

Smell finer than the finest fragrances

Dove packaging

Dove

Change beauty into a positive experience for every woman and the next generation

LUX packaging

LUX

Empowering women to find strength in their beauty and rise above the judgements they face

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
  4. United Kingdom
  5. Indonesia
Home Care

Consists of Fabric Cleaning, Home & Hygiene and Fabric Enhancers.

In the 2025 financial year Home Care had a combined turnover of €11.6 billion.

Our best-known Home Care brands

CIF packaging

Cif

More than just clean

Domestos packaging

Domestos

To win the war against unsafe sanitation and poor hygiene

Omo packaging

OMO

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. United Kingdom
  5. South Africa
Foods

Consists of Scratch Cooking Aids, Dressings and Functional Nutrition.

In the 2025 financial year Foods had a combined turnover of €12.9 billion.

Our best-known Foods brands

Knorr packaging

Knorr

Reinventing Food for Humanity

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. Netherlands
  5. United Kingdom
A headshot of Fernando Fernandez, Unilever CEO. Wearing a dark shirt and suit jacket with trees and bushes in the background

“In 2025 we became a simpler, sharper, and faster Unilever, delivering our commitment to volume growth, positive mix and strong gross margin. Our underlying sales growth improved throughout the year as we landed a strong innovation plan, drove improvements in key emerging markets and successfully completed the Ice Cream demerger. We have set clear priorities for growth – building a brand portfolio for the future, with more Beauty, Wellbeing and Personal Care, prioritising premium segments and digital commerce, and anchoring our growth in the US and India. Despite slowing markets, our sharper focus and disciplined execution underpin our confidence for 2026 and beyond.”

Fernando Fernandez, Chief Executive Officer
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