• Q2 volumes grow 2%
  • Net profit down 12%
  • Brands “improving share” – CEO

Unilever CEO Paul Polman said this morning (6 August) that he was “encouraged” to see volumes at the Anglo-Dutch food giant growing again during the second quarter.


The Knorr soup-to-Ben & Jerry’s ice cream maker booked a 2% rise in sales volumes, beating some analysts’ forecasts, and driving a 4.1% rise in underlying sales.


However, Unilever said net profit was down 12% at EUR997m (US$1.44bn) once the impact of restructuring, disposals and one-off items was stripped out of the numbers. On the same basis, operating profit fell 4% to EUR1.52bn.


On a reported basis, net profit was down 15% at EUR833m. Operating profit dropped 4% to EUR1.32bn.


Nonetheless, Polman added: “More of our brands are improving share again behind strong innovations, greater consumer value, increased marketing support and better execution.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Click here for the full second-quarter release from Unilever. Check back later for further comment from CEO Paul Polman and CFO Jim Lawrence.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now