Unilever reported third-quarter revenue of €14.7bn, reflecting underlying sales growth of 3.9% (4.0% excluding Ice Cream), slightly ahead of market forecasts. Growth was driven by its Power Brands and an improved performance in emerging markets, with all business units contributing positively.
The group expects to deliver cost-savings of around €650mn of its €800mn cost-saving programme in 2025, with the remainder to be completed in 2026.
As previously announced, the demerger of its Ice Cream business has been delayed by the US Government shutdown, but is still expected to complete by the end of 2025.
Full-year guidance has been maintained, with underlying sales growth expected to land in the 3-5% range.
A quarterly dividend of €0.4528 was announced, up 3%.
The shares were broadly flat in early trading.
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Unilever key facts
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