Unilever has reported a surge in sales for the third quarter of 2025, driven by a strong performance across all business groups and continued momentum in its core “Power Brands”.

The consumer goods giant posted that it achieved a 3.9% underlying sales increase in Q3, with volume up 1.5% and ice growth of 2.4%.

However, excluding its Ice Cream division, which is set to be spun off later this year, Unilever’s underlying sales rose 4.0%, supported by 1.7% volume growth, up from its last quarter.

Meanwhile, turnover stood at €14.7bn, down 3.5% year-on-year due to currency impacts and disposals, while the quarterly dividend increased 3% versus Q3 2024.

Its success was attributed to its power Brands, which now account for 78% of group turnover, and delivered 4.4% underlying sales growth.

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In Foods, Unilever achieved 3.4% underlying growth, led by strong demand for Hellmann’s, which saw mid-single-digit volume growth supported by the ongoing success of its flavoured mayonnaise range and category recovery in Asia Pacific.

The food and drink manufacturer said Knorr also delivered steady gains, helped by its “Unlimited Time Menu” campaign in the US and renewed growth in Indonesia.

Meanwhile, Unilever reaffirmed that the demerger of its Ice Cream business, to be renamed The Magnum Ice Cream Company (TMICC), remains on track for completion in Q4 2025.
Outlook

CEO Fernando Fernandez said Unilever is “outperforming in developed markets” and has seen a “step-up in emerging market performance,” adding:

“We’re shaping a brand portfolio built for the future, with more Beauty, Wellbeing and Personal Care, prioritising premium segments and digital commerce. By executing with excellence across every channel, we’re setting Unilever up to win.”

The group reaffirmed its full-year guidance for underlying sales growth between 3% and 5%, and expects a margin improvement in H2 2025, targeting at least 18.5%, or 19.5% excluding Ice Cream.