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Q3 2024 Overview

Volume-led growth, positive in all Business Groups

Summary

A range of Unilever products being used.

Detailed description

A man, crouching down, rips open a sachet of Liquid I.V. We then see a bottle of water with some powder dissolving into it which the man then drinks. He then appears to take off, with energy bursting from his feet towards the ground.

An open packet of Knorr seasoning with some ingredients bursting out of the pack. The camera rotates around a bowl of chicken, vegetables and rice.

A bottle of Dove can be seen in the foreground. Behind is a white shower curtain which is pulled to one side. A lady reaches round the curtain and picks up the bottle of Dove. A pair of lower legs and feet are seen standing in lather and water. Then the bottle of Hydration Boost Dove is picked up – we can see a houseplant in the background. The words “New serum body washes” are shown on screen.

Two Magnum ice creams being removed from their packaging. They are two different varieties – one is a Double Starchaser, the other is a Double Sunlover. Two people are then seen eating the ice creams.

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  • 4.5%underlying sales growth
  • 3.6%underlying volume growth
  • 5.4%underlying sales growthdelivered by our Power Brands
  • 4.3%underlying volume growthdelivered by our 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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Three sharing tubs of Magnum’s new Bon Bon range

Q3 2024 highlights

  • Underlying sales growth (USG) of 4.5%, with volume growth increasing to 3.6%
  • Power Brands, generating more than 75% of turnover, leading growth with 5.4% USG and volumes up 4.3%
Four products from Dove’s Bond Strength range with advanced bond strengthening technologies to repair extreme hair damage.
  • Turnover of €15.2 billion with -2.8% impact from currency and -1.5% from net disposals
  • 2024 full year outlook unchanged with 3-5% USG and an underlying operating margin of at least 18%
Woman in a blue shirt standing against a blue car, drinking a bottle of Liquid I.V.
  • Final tranche underway of 2024 share buyback programme of up to €1.5 billion
  • Productivity programme and separation of Ice Cream on track
Two new Comfort innovations on a washing machine surrounded by flowers.

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

Dove pack illustration

Dove

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

Sunsilk  pack illustration

Sunsilk

Opening up possibilities for girls everywhere

Vaseline pack illustration

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, 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

Axe pack shot

Axe

Smell finer than the finest fragrances

Dove pack shot

Dove

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

Lifebuoy pack shot

Lifebuoy

We help parents ensure their kids fall ill less often

Lux pack shot

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
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

Cif pack shot

Cif

More than just clean

OMO pack shot

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. 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

Knorr pack shot

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. 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

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

Hein Schumacher

“We have delivered a fourth consecutive quarter of positive, improved volume growth, with each of our Business Groups driving higher volumes year-on-year. We are on track to deliver our 2024 outlook and are confident that the steps we are taking will help to transform Unilever over time into a consistently higher performing business.”

Hein Schumacher, Chief Executive Officer

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