Today, we announced our results for the first half of 2025.

Underlying sales growth (USG) of 3.4%, with volume growth of 1.5% and price of 1.9%

Turnover of €30.1 billion, down -3.2%; with adverse currency -4.0% and net disposals -2.5%

Strong gross margin of 45.7% fuelled increased brand & marketing investment up 40bps to 15.5%

Underlying operating margin of 19.3%, down -30bps against the strong prior year comparator

Underlying EPS decreased -2.1% to €1.59, diluted EPS decreased -3.7%

Free cash flow €1.1 billion, reflecting lower operating profit, Ice Cream separation costs and higher working capital

Productivity programme ahead of plan, delivering a cumulative c.€650 million savings by end 2025

Quarterly dividend up 3% vs Q2 2024; €1.5 billion share buyback completed

Ice Cream operational separation completed, on track for demerger in mid-November

see & read more on
https://www.unilever.com/news/press-and-media/press-releases/2025/first-half-performance-supports-full-year-confidence/?utm_source=SignUp&utm_medium=Email&utm_campaign=PressSignUp