THE WHAT? Unilever has introduced its outcomes for the primary quarter of the present monetary yr. The UK-based FMCG producer reported underlying gross sales progress (USG) of three p.c, with quantity up 1.3 p.c and value growing 1.7 p.c.
THE DETAILS Turnover hit €14.8 billion, down 0.9 p.c on the prior yr interval, which the Dove proprietor attributed to web disposals. Unilever reconfirmed its 2025 full-year outlook of three to five p.c USG and a modest enchancment in underlying working margin.
Highlights of the quarter included spectacular 8 p.c gross sales progress from Unilever’s largest model, Dove. Magnificence & Wellbeing as a class placed on 4.1 p.c pushed by continued robust double-digit progress from Wellbeing manufacturers. Private care delivered a 5.1 p.c uptick.
THE WHY? Fernando Fernandez, CEO, explains, “We’ve began the yr with a resilient efficiency. First quarter underlying gross sales progress of three p.c displays the power of our more and more premium and innovation-led portfolio in developed markets. We’ve interventions in place in some rising markets to step up progress within the the rest of the yr.
“Heightened international macroeconomic uncertainty is a truth; nevertheless, the standard of our innovation programme, the robust funding behind our manufacturers and our bettering competitiveness give us confidence we’ll ship on our full yr plans.
“Creating desirability at scale for our manufacturers and sensible in-market execution are the pillars of our plan to show Unilever right into a constantly greater performing enterprise. We’re transferring at tempo, assured in making progress in 2025 and past.”
