Unilever PLC 2025 First Half Results

SEC Filing 6-K (0000217410-25-000041)

Unilever PLC reported its first half results for 2025, showing underlying sales growth (USG) of 3.4%, with volume growth of 1.5% and price growth of 1.9%. Turnover was €30.1 billion, down 3.2% due to adverse currency impacts and net disposals. The company achieved a strong gross margin of 45.7%, which supported increased brand and marketing investment. Underlying operating margin was 19.3%, down 30 basis points from the previous year. Underlying earnings per share (EPS) decreased by 2.1% to €1.59. Free cash flow was €1.1 billion, reflecting lower operating profit and higher working capital. Unilever is on track to demerge its Ice Cream business by mid-November 2025, which will transform the company into a more focused organization. The productivity program is ahead of plan, delivering €650 million in savings by the end of 2025. The company expects full-year underlying sales growth to be within the range of 3% to 5%, with second-half growth ahead of the first half.