Skip to content

Unilever Global Change location


Analysts' consensus

Graphic of a man sitting at a desk and writing

Unilever is covered by various financial analysts and the consensus collection was compiled from Wednesday 2nd March through to Friday 1st April 2022.

Please note that the consensus numbers below are a collection of analysts' own projections and the circulation of the consensus does not provide or imply any check on, or endorsement of, these numbers by Unilever PLC. Unilever will not provide any commentary on the consensus or answer questions on it. The circulation of the consensus by Unilever is not mandatory and Unilever may amend its practice on this at any time.

Time period

Q1 2022

Q2 2022

H1 2022

Full year 2022

Turnover (€ million)

13,237

14,631

27,837

56,133

Turnover change (%)

7.4%

8.8%

7.9%

7.0%

Exchange rates (%)

2.6%

3.3%

2.9%

2.5%

Acquisitions and disposals (%)

0.3%

0.1%

0.2%

-0.6%

Underlying sales growth (%)

Time period

Q1 2022

Q2 2022

H1 2022

Full year 2022

Underlying sales growth (%)

4.4%

5.3%

4.9%

5.2%

Price (%)

6.3%

6.8%

6.5%

6.2%

Volume (%)

-1.7%

-1.3%

-1.5%

-0.9%

Underlying operating profit

Time period

H1 2022

Full year 2022

Underlying operating profit

4,506

9,124

Underlying operating margin (%)

16.2%

16.3%

Change in underlying operating margin (%)

-2.6%

-2.1%

Acquisition and disposal related costs

-4

-39

Gain/(loss) of disposal of group companies

0

0

Impairments and other one-offs

0

-1

Non A&D restructuring costs

-626

-1,170

Operating profit

Time period

H1 2022

Full year 2022

Operating profit

3,867

7,868

Underlying operating profit

Time period

H1 2022

Full year 2022

Underlying operating profit

4,506

9,124

Net finance cost

-225

-441

Joint ventures, associates

98

199

Non current investments

15

24

Underlying profit before taxation

4,403

8,904

Underlying tax rate %

24%

24%

Underlying taxation

-1,047

-2,094

Net profit (underlying)

Time period

H1 2022

Full year 2022

Net profit (underlying)

3,366

6,816

Attributable to non controlling interests (NCI)

296

603

Underlying profit attributable to shareholders' equity

Time period

H1 2022

Full year 2022

Underlying profit attributable to shareholder's equity

3,066

6,218

Average # of shares on a fully diluted basis

2,569

2,553

Underlying EPS (in Euros)

Time period

H1 2022

Full year 2022

Underlying EPS (in Euros)

1.19

2.44

Underlying EPS growth (%)

-10.2%

-7.0%