Unilever increases prices and sees turnover increase in third quarter

The British hygiene and food products giant Unilever, which is preparing the split of its food branch, announced on Wednesday an increase in its turnover in the third quarter, driven in particular by price increases intended to compensate for the rise in the cost of raw materials. The group, which only publishes results including its profit twice a year, recorded a turnover of 13.3 billion euros over the quarter, up 6.7%, slightly better than expected by analysts. This progression was supported by the group's performances in India, Latin America and South-East Asia.

The turnover no longer includes the ice cream activities, which notably included Magnum, Cornetto and Ben & Jerry's and were split in December 2025. » READ ALSO - Nelson Peltz on the front line to move Unilever Raw materials are soaring General manager Fernando Fernandez welcomed results “driven by sustained growth in volumes and an increase in prices aimed at offsetting the impact of rising raw material costs”. The prices of hydrocarbons and other raw materials have soared since the outbreak of war in the Middle East at the end of February, which disrupted supplies.

“Emerging markets were once again a key driver, with broad-based growth, led by India and continued strength in Latin America and Southeast Asia,” Fernandez said. Known for Dove soaps, Ax deodorants and Cif cleaning products, the company continues to refocus on a few flagship products. Under pressure from investors demanding better performance, Unilever presented a plan in 2024 to concentrate its efforts on 30 “driving” brands, which represented the majority of its revenues.

The group must finalize the spin-off of its food division, announced in March, by mid-2027. Valued at nearly $45 billion, this branch includes Knorr soups, Maille mustards and Hellmann's mayonnaise. It must merge with the American group McCormick & Company, which notably owns Ducros spices and French's mustard.

The company raised its outlook slightly. It expects its underlying turnover (which notably excludes certain exceptional items or currency effects) to increase by around 5% in the second part of the year (compared to between 4 and 5% previously expected), and its sales volumes by at least 3% over the whole of 2026 (where it anticipated around 3%). However, the stock fell by 3.3% at the opening of the London Stock Exchange.

Machine-translated from French