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Unilever reveals stronger-than-expected sales ahead of ice cream spin-off

KANIKA SINGH RATHORE, 23/10/202523/10/2025

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consumer goods giant unilever It has revealed stronger-than-expected underlying sales over the past three months as it prepares to spin off its ice cream business.

improvement in consumer demand North America And the increased pricing will help boost sales in the third quarter of 2025.

still, Pigeon And Marmite The period saw a decline in the manufacturer’s overall turnover following currency exchange rates and decline in sales of the brands.

It said turnover fell 3.5% to 14.7 billion euros (£12.8 billion) in the third quarter of 2025 compared with a year earlier.

This was offset by a 6.1% decline due to currency fluctuations and a 1% decline caused by disposals of properties such as The Vegetarian Butcher.

However, it said underlying sales growth was 3.9% year-on-year amid a boost to its beauty and personal care brands.

It said sales volumes were up 1.5% across the group, with underlying growth also supported by increased pricing.

Beauty and wellness sales increased 5.1% during the quarter, including a 2.7% increase in prices.

Unilever said this included strong sales of Dove hair products, Vaseline, Liquid IV and Nutrafol.

Meanwhile, both CIF and Domestos recorded double-digit growth in the group’s home care business.

Elsewhere, underlying food sales rose 3.4%, including a 2.1% increase in pricing, as Hellmann’s reported positive sales.

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Unilever chief executive Fernando Fernandez said: “Due to our strong innovation programme, we continued to outperform in developed markets in the third quarter and, following decisive intervention, our performance in emerging markets improved with the return of growth in Indonesia and China.

“Our performance except ice cream saw good sequential improvement, as well as volume growth.”

The owners said the company is still on track to complete the divestiture of its ice cream business, which creates brands such as magnum and Ben & Jerry’s, by year’s end.

This comes despite the company warning earlier this week that the current US federal government shutdown has delayed the demerger process.

It originally planned to launch Magnum Ice Cream Company next month, with a primary listing in Amsterdam and secondary listings in New York and the UK.

Uk aheadCreamicerevealssalesspinoffstrongerthanexpectedUnilever

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