Unilever’s reported first-quarter sales of €12.6bn, reflecting underlying growth of 3.8% (3.6% expected). The uplift was driven by a 2.9% increase in volumes, with higher prices making up the remainder. Growth was broad-based across all business divisions.
By region, Emerging Markets continued to grow at a faster pace than Developed Markets, driven by a strong performance in India.
Full-year guidance remains unchanged, with underlying sales growth expected to be toward the lower end of its 4-6% mid-term target level.
A quarterly dividend of €0.4664 per share was announced, up 3.0%. A new €1.5bn share buyback programme begins today and is expected to complete by 6 July 2026.
The shares rose 1.5% in early trading.
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Unilever key facts
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