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Q3 Overview

Another strong quarter of growth, with sales guidance raised to be above 8% for the full year 2022.

  • 10.6 % underlying sales growth accelerated in the quarter compared to 2021
  • 17.8 % turnover increase compared to 2021
  • 12.5 % price growth in the quarter with volumes declining 1.6%
  • 14 % growth generated by the €billion 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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dessins produits marques variées

Q3 highlights

  • Underlying sales growth accelerated to 10.6% in the quarter, and sales guidance raised for the full year
  • Price growth stepped up to 12.5% in the quarter, with volumes declining 1.6%
  • Turnover increased 17.8% including a currency impact of 8.8% and (2.1)% from disposals net of acquisitions
  • The billion+ Euro brands, accounting for more than 50% of Group turnover, grew 14%, led by strong performances from OMO, Hellmann’s, Rexona, Magnum and Lux
Paula's choice products display
  • Emerging markets grew 13.3% with a 14.9% contribution from price and volume at (1.4)%
  • Developed markets increased by 7.1%, with 9.3% from price and (2.0)% from volume
  • Second €750 million share buyback tranche, announced in September, will complete in December 2022
  • Quarterly interim dividend for Q3 2022 is maintained at €0.4268

Our Business Groups

Since 1 July 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 2021 financial year Beauty & Wellbeing had a combined turnover of €10.1 billion.

Our best-known brands

Dove pack illustration

Dove

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

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

The geographical split is based on Full Year 2021 turnover.

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Geographical footprint – Emerging versus Developed Markets

This information is based on Full Year 2021 turnover.

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Geographical footprint - Top 5 countries

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

Personal Care

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

In the 2021 financial year Personal Care had a combined turnover of €11.7 billion.

Our best-known brands

Axe pack shot

Axe

When you smell good, good things happen

Dove pack shot

Dove

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

Lifebuoy pack shot

Lifebuoy

Help parents ensure their kids fall ill less often

Lux pack shot

LUX

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

Geographical footprint – split by geographical area

The geographical split is based on Full Year 2021 turnover.

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Geographical footprint – Emerging versus Developed Markets

This information is based on Full Year 2021 turnover.

Charts require JavaScript to be enabled.

Geographical footprint - Top 5 countries

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

Home Care

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

In the 2021 financial year Home Care had a combined turnover of €10.6 billion.

Our best-known brands

Cif pack shot

Cif

Goodbye ugly dirt. Hello beautiful

Domestos pack shot

Domestos

To win the war against unsafe sanitation and poor hygiene

OMO pack shot

OMO

Dirt Is Good!

Geographical footprint – split by geographical area

The geographical split is based on Full Year 2021 turnover.

Charts require JavaScript to be enabled.

Geographical footprint – Emerging versus Developed Markets

This information is based on Full Year 2021 turnover.

Charts require JavaScript to be enabled.

Geographical footprint - Top 5 countries

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

Nutrition

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

In the 2021 financial year Nutrition had a combined turnover of €13.1 billion.

Our best-known brands

Knorr pack shot

Knorr

Reinventing Food for Humanity

Horlicks pack shot

Horlicks

When did you grow up so much?

Geographical footprint – split by geographical area

The geographical split is based on Full Year 2021 turnover.

Charts require JavaScript to be enabled.

Geographical footprint – Emerging versus Developed Markets

This information is based on Full Year 2021 turnover.

Charts require JavaScript to be enabled.

Geographical footprint - Top 5 countries

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

Ice Cream

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

In the 2021 financial year Ice Cream had a combined turnover of €6.9 billion.

Our best-known brands

Geographical footprint – split by geographical area

The geographical split is based on Full Year 2021 turnover.

Charts require JavaScript to be enabled.

Geographical footprint – Emerging versus Developed Markets

This information is based on Full Year 2021 turnover.

Charts require JavaScript to be enabled.

Geographical footprint - Top 5 countries

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

A portrait of Alan Jope, Unilever CEO

"We have delivered double-digit underlying sales growth and are raising our growth outlook for the year despite the obvious challenges of the macro-economic environment. The growth was broad-based, with all five Business Groups contributing, and volumes continuing to hold up well."

Alan Jope: Chief Executive Officer
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