US EditionUnilever beats Q1 underlying sales growth estimates
- Unilever reported a dip in first quarter revenue of less than 1 percent to 14.8 billion euros, while underlying sales growth was up 3%.
- CEO Fernando Fernandez indicated that the direct impact of tariffs on profitability is expected to be limited and manageable.
- Despite challenges in personal care and homecare products, Unilever's food and ice cream divisions showed growth, with food sales up 0.1% year-on-year.
- Unilever's ice cream division is set for a demerger on September 9.
24 Articles
24 Articles
Unilever confirms 2025 outlook on 'limited' tariffs impact
LONDON, United Kingdom — British consumer goods giant Unilever on Thursday said the impact of US tariffs on its products would be “limited”, as it reported a dip in first quarter revenue. The group – whose products range from Dove soap to Ben & Jerry’s ice cream – maintained its 2025 outlook despite the uncertainty
Price hikes help Unilever, Nestlé beat analyst estimates
Unilever and Nestlé, some of the world’s largest consumer companies, saw strong sales growth in the first three months of 2025 despite the looming threat of tariffs. The rivals' growth came from higher demand for some premium products and price hikes to offset soaring cocoa and coffee prices. Unilever’s underlying sales were up 3% during the first quarter, with its personal care category bringing in the most business. The London-listed compa…
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