Unilever PLC

What they do

Unilever sells branded consumer products across beauty, personal care, home care, and foods. Its portfolio includes product areas such as hair care, skin care, deodorants, fabric care, home and hygiene, and cooking aids. The company operates globally, with significant revenue from the United States, India, and other markets, and it reports results in euros.

Revenue drivers

• Beauty & Wellbeing — This segment includes hair care and skin care product areas, and it also houses acquired brands like Nutrafol and OZiva.
• Personal Care — This segment includes skin cleansing and deodorant product areas, and it is one of Unilever's largest segments.
• Home Care — This segment includes fabric care and home and hygiene product areas, generating revenue from laundry and cleaning products.
• Foods — This segment includes cooking aids and condiments product areas, and it represents Unilever's food and refreshment business.

Recent performance

In 2025, Unilever reported revenue of €59.9 billion, a slight decline from €60.8 billion in 2024. Operating profit decreased to €9.2 billion from €9.4 billion in 2024. Net profit fell to €5.4 billion from €5.6 billion in 2024. The company continued to operate across its four segments, with emerging markets contributing a significant portion of revenue. Unilever disposed of its ice cream business during 2025, which is reflected in discontinued operations.

Strategy

Unilever's strategy focuses on growing its portfolio of brands in beauty, personal care, home care, and foods. The company is investing in its product areas such as hair care, skin care, and deodorants, and it has made acquisitions like Nutrafol and OZiva to expand in premium beauty. Unilever is also streamlining its operations, as evidenced by the disposal of the ice cream business. The company continues to target emerging markets for growth while maintaining a presence in developed markets. Management emphasizes innovation and brand investment to drive long-term performance.

Risks

• Foreign Exchange Fluctuation — Unilever operates globally and reports in euros, so currency movements can significantly impact reported revenue and profits.
• Intense Competition — The consumer goods industry is highly competitive, and Unilever faces pressure from both global and local competitors across all segments.
• Emerging Markets Exposure — A large portion of Unilever's revenue comes from emerging markets, which can be volatile due to economic, political, and regulatory factors.
• Input Cost Inflation — Rising costs for raw materials and packaging can squeeze margins if Unilever is unable to pass them on to consumers.

Outlook

Management does not provide specific financial guidance in the 20-F filing. The company remains focused on executing its strategic priorities, including portfolio optimization and investment in high-growth segments. Unilever aims to navigate ongoing market uncertainties by leveraging its global scale and brand strength. Future performance will depend on its ability to drive organic growth and manage cost pressures.