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Q3 2025 Results Overview

Broad-based growth, on track for full year outlook

Summary

A range of Unilever products being used.

Detailed description

Someone picks up a tube of Vaseline RadiantX nourishing body lotion. Product from the tube is then squeezed onto their hand.

The top of a bottle of Cif Infinite Clean comes into view in a kitchen which has pots, pans and crockery in the background. The camera zooms out so the whole bottle with the words ‘Cif Infinite Clean’, ‘All in one’ and ‘long lasting cleaning’ can be seen.

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.

A bottle of Hellmann’s Spicy Mayonnaise dressing is shown in a fridge. A breadcrumbed chicken fillet is then seen dropping onto a burger bun already loaded with mayonnaise and lettuce.

A Magnum Utopia Double Hazelnut ice cream is seen being removed from the wrapper. A woman with her eyes closed then bites into the ice cream which is covered in white chocolate with hazelnut pieces. She has long dark hair, freckles on her face and is wearing a gold chain.

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  • 3.9%underlying sales growth
  • 1.5%underlying volume growth
  • 2.4%underlying price growth

Underlying sales growth (USG)

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Underlying volume growth (UVG)

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Underlying price growth (UPG)

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Dr. Squatch grooming products – including shampoo, conditioner, deodorant, and soaps – arranged on logs and grass in a natural outdoor setting with trees, mountains, and a blue sky in the background.

Q3 2025 Highlights:

  • Unilever excluding Ice Cream delivered underlying sales growth of 4.0% and 1.7% volume growth

  • Power Brands excluding Ice Cream underlying sales growth 4.4%, volume growth of 2.2%

An image of Hourglass Glossy Balm, a soft rose pink lipstick in a gold case. The background matches the shade of lipstick.
  • Developed markets continue to be strong – led by North America 5.5% volume-led growth

  • Emerging markets stepped up to 4.1% USG with improving trends in China and Indonesia

A woman’s hands, pouring yellow Nutrafol hair growth supplements from a refill bag into a white container.
  • We are on track to deliver our full-year outlook of 3-5% growth and improvement in underlying operating margin

  • Ice Cream Demerger expected to complete in Q4 2025

A bottle of Persil Wonder Wash with a purple label and white cap, featuring the words 'NEW' and 'SHORT CYCLES' alongside icons representing product features, set against a light green to blue gradient background.

Our Business Groups

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 2024 financial year Beauty & Wellbeing had a combined turnover of €13.2 billion.

Our best-known Beauty & Wellbeing brands

Dove logo

Dove

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

Sunsilk logo

Sunsilk

Opening up possibilities for girls everywhere

Vaseline logo

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. Expand to view more.

In the 2024 financial year Personal Care had a combined turnover of €13.6 billion.

Our best-known Personal Care brands

Axe Logo

Axe

Smell finer than the finest fragrances

Dove logo

Dove

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

Lifebuoy logo

Lifebuoy

We help parents ensure their kids fall ill less often

LUX logo

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. Brazil
  3. India
  4. UK
  5. Indonesia
Home Care

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

In the 2024 financial year Home Care had a combined turnover of €12.3 billion.

Our best-known Home Care brands

Cif Logo 1920-1080

Cif

More than just clean

Domestos logo 1920-1080

Domestos

To win the war against unsafe sanitation and poor hygiene

OMO logo

OMO

Dirt Is Good

Radiant logo 1920-1080

Radiant

A bolt of brilliance can start with everyday laundry

Surf logo 1920-1080

Surf

Smells THAT GOOD and lasts for 12 hours in wear

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. UK
  5. South Africa
Foods

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

In the 2024 financial year Foods had a combined turnover of €13.4 billion.

Our best-known Foods brands

Knorr logo

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. UK
Ice Cream

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

In the 2024 financial year Ice Cream had a combined turnover of €8.3 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. Mexico
A headshot of Fernando Fernandez, Unilever CEO. Wearing a dark shirt and suit jacket with trees and bushes in the background

“We continued to outperform in developed markets in the third quarter, led by our strong innovation programme. Growth was broad based across all Business Groups and driven by our Power Brands. We’re shaping a brand portfolio that’s built 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. By putting desire at scale at the core of our strategy, and executing with excellence across every channel, we’re setting Unilever up to win”

Fernando Fernandez, Chief Executive Officer

Unilever logo next to the title "Unilever Investor Event, 22 November 2024" on a blue and green coloured background.

Unilever Investor Event 2024

Progress through the Growth Action Plan, our commitment to consistently higher performance and updates from the Business Groups.

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