Unilever reported full-year revenue of €50.5bn, reflecting underlying sales growth of 3.5%. Performance was driven by its Power Brands, which grew at a faster pace of 4.3%. All business units and regions were in growth territory.
Underlying operating profits dipped 1.1% lower to €10.1bn as sales growth and cost-savings were offset by unfavourable currency moves.
Free cash flow fell by €0.4bn to €5.9bn. Net debt was €23.1bn at year end, down from €24.5bn in the prior year.
In 2026, underlying sales growth is expected to land at the lower end of its 4-6% target level.
On 6 December, it completed the demerger of its ice cream business into The Magnum Ice Cream Company, in which it holds a 19.9% stake.
The shares fell 1.4% in early trading.
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Unilever key facts
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This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
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