The earnings call presented a mixed picture with strong growth in developed markets and notable brand performances, but faced challenges in emerging markets like Latin America and China. The company is making strategic investments in brand and marketing despite a slight decline in operating margins. The overall sentiment leans towards a cautious optimism for the second half of the year.

Company Guidance -

Q4 2025

In Unilever's second quarter trading statement for 2025, the company reported a strong performance across various metrics, providing a positive outlook for the remainder of the year. Underlying sales growth for the first half of 2025 was 3.4%, driven by a balanced increase in both volume and price, with volumes growing by 1.5% and prices by 1.9%. The developed markets outperformed, with North America achieving a 5.4% sales growth and Europe showing a 3.4% increase. Emerging markets also showed improvement, particularly in the Asia Pacific Africa region, which reported a 3.5% growth for the first half and over 5% growth in the second quarter. The company's gross margin continued to strengthen, allowing for competitive brand marketing investments at 15.5% of turnover. Unilever also announced the impending demerger of its Ice Cream business, which showed a 5.9% sales growth, with plans to retain a stake of just below 20% post-demerger. Despite challenges in Latin America, where market conditions were subdued, the company expects recovery later in the year. Unilever's focus on premium innovations, particularly in its Power Brands like Vaseline and Dove, and strategic acquisitions such as Dr. Squatch and Wild, support its optimistic outlook for continued growth and margin improvement.

Underlying Sales Growth

Unilever delivered underlying sales growth of 3.8% in Q2 2025, with a balanced contribution from volume growth of 1.8% and price growth of 2%. For the first half of 2025, the company achieved 3.4% sales growth with 1.5% from volume and 1.9% from price.

Developed Markets Outperformance

Unilever continued to outperform in developed markets with a 4.3% underlying sales growth in the first half, driven by 3.4% volume growth and 0.9% price growth. North America sales grew by 5.4%, with 3.7% from volume.

Emerging Markets Improvement

Asia Pacific Africa, representing 43% of group turnover, showed 3.5% sales growth in H1 2025, improving to over 5% in Q2. Performance in India was strong with 5% USG in Q2.

Ice Cream Segment Growth

Ice Cream sales grew by 5.9% in the first half of 2025, driven by a 3.8% increase in volume and 2% price growth. The demerger process for the Ice Cream business is on track for completion by November 2025.

Strong Brand Performance

Power Brands grew by 3.8% in H1 2025, with notable double-digit growth from Vaseline, Liquid IV, Nutrafol, and Magnum.

Increased Marketing Investment

Brand and marketing investment rose to 15.5% of turnover, reflecting a commitment to competitive brand support, particularly for Power Brands.

Productivity Program Ahead of Expectations

Unilever's productivity program is significantly ahead, with expected cumulative savings of EUR 650 million by year-end, EUR 100 million above previous guidance.

Unilever (GB:ULVR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:ULVR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 05, 2026	2025 (Q4)	1.21 / -	1.179	―	―	―
Jul 31, 2025	2025 (Q2)	1.38 / 1.38	1.271	8.44% (+0.11)	―	―
Feb 13, 2025	2024 (Q4)	1.14 / 1.18	0.514	129.46% (+0.66)	―	―
Jul 25, 2024	2024 (Q2)	1.24 / 1.27	1.202	5.76% (+0.07)	―	―
Feb 08, 2024	2023 (Q4)	1.07 / 0.51	1.064	-51.71% (-0.55)	―	―
Jul 25, 2023	2023 (Q2)	1.11 / 1.20	0.523	129.75% (+0.68)	―	―
Feb 09, 2023	2022 (Q4)	0.99 / 1.06	1.115	-4.65% (-0.05)	―	―
Jul 26, 2022	2022 (Q2)	1.12 / 0.52	1.15	-54.51% (-0.63)	―	―
Feb 10, 2022	2021 (Q4)	1.07 / 1.12	0.977	14.16% (+0.14)	―	―
Jul 22, 2021	2021 (Q2)	0.99 / 1.15	1.167	-1.48% (-0.02)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:ULVR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	4458.00p	4408.00p	-1.12%
Feb 13, 2025	4670.33p	4406.88p	-5.64%
Jul 25, 2024	4255.24p	4520.40p	+6.23%
Feb 08, 2024	3709.78p	3826.74p	+3.15%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Unilever Plc (UK) (GB:ULVR) report earnings?

Unilever Plc (UK) (GB:ULVR) is schdueled to report earning on Feb 05, 2026, Before Open (Confirmed).

What is Unilever Plc (UK) (GB:ULVR) earnings time?

Unilever Plc (UK) (GB:ULVR) earnings time is at Feb 05, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Unilever Plc (UK) stock?

The P/E ratio of Unilever is N/A.

What is GB:ULVR EPS forecast?

GB:ULVR EPS forecast for the fiscal quarter 2025 (Q4) is 1.21.

Unilever (GB:ULVR) Earnings News

Unilever Earnings: ULVR Stock Jumps on Strong First-Half Earnings

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Unilever Earnings: ULVR Stock Jumps on Strong First-Half Earnings

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