Unilever PLC (UL) Q4 2025 Earnings Call Transcript
Unilever PLC (UL) Q4 2025 Earnings Call Transcript
Unilever Profit Rises Amid Strategic Shift
The company said net profit rose to €9.47 billion in 2025, up from €5.7 billion the year prior, as it continues to reshape the business.
Unilever launches €1.5bn buyback as margins improve after ice cream split
Unilever PLC has served up a €1.5 billion share buyback as the consumer good group reported improved sales momentum and expanding profit margins in 2025 after it spun off its ice cream arm. The owner of brands ranging from Marmite, Hellmans and Pot Noodle to Persil, Dove and Lynx posted results showing underlying sales growth was 3.5% for the year, with volumes up 1.5%.
Leading bank downgrades Unilever after recent share price rally
Valuation has moved beyond target despite support from sector rotation and operational progress. Deutsche Bank has downgraded Unilever PLC (LSE:ULVR) to 'hold' from 'buy', keeping its price target unchanged at 5,150p, after a sharp rally in the shares left them trading above valuation support.
Unilever's Magnum Spin-Off Makes It A Less Bloated, More Predictable Stock
Unilever spun off its ice cream business, Magnum, simplifying operations and focusing on core segments with steadier growth and profitability. Post-spin, UL's revenue and margins become more stable, reducing volatility and improving cash flow quality due to lower capex and working capital needs. UL's dividend yield remains robust (3.5–4%), now funded by less cyclical cash flows, but offers little growth beyond inflation.
The Magnum Ice Cream Company: Short-Term Pain After Separation Merits A Hold
Magnum Ice Cream Company is now a standalone, pure-play ice cream leader with 21% global market share after its spin-off from Unilever. MICC targets 4–5% growth, slightly above the market, via innovation, premiumization, and international expansion, but faces low barriers to entry and intense local competition. Free cash flow is expected to be depressed until 2028–2029, with potential selling pressure from Unilever's 19.9% stake and legacy shareholders.
Unilever's new ice-cream-free era does not impress all analysts
Not all analysts are bullish about prospects for Unilever PLC (LSE:ULVR) after it demerged its ice cream arm, with UBS keeping its 'sell' rating as it predicts difficulty for the shares. While other analysts rushed to hail an exciting new era for the Hellmanns-to-Domestos maker, the Swiss bank trimmed its 12-month price target to 4,440p from 4,635p, citing subdued market growth and earnings dilution from the demerger of its tea, coffee and ice cream businesses, The Magnum Ice Cream Company, which was completed last weekend.
Unilever set for growth breakthrough after ice cream scoop-out, says Barclays
Unilever PLC (LSE:ULVR) is entering what analysts at Barclays and JPMorgan believe is a game-changing period after scooping out its ice cream arm. "We believe 2026 will be Unilever's inflection point," said Barclays, predicting a year when the Marmite, Hellmann's, Comfort and Domestos maker will "prove its volume muscle".
Ex-Unilever exec lands £7m for AI research platform Bolt Insight
A former Unilever executive whose consumer insight platform is used by nearly a dozen of the world's largest packaged goods companies has raised millions of pounds to fund its expansion.
Unilever shares jump as share consolidation takes effect
Unilever PLC (LSE:ULVR) shares showed a jump of nearly 13% in early trading on Tuesday, after the consumer goods giant completed a share consolidation following the demerger of its ice cream arm, The Magnum Ice Cream Company. The share consolidation was carried out at a ratio of eight new shares for every nine existing shares, with admission of the new shares taking place at the start of trading on Tuesday.
Unilever spinoff Magnum Ice Cream debuts on Amsterdam stock market
Unilever's ice cream spinoff has become the world's largest standalone ice cream business after debuting on the Amsterdam stock market. The consumer goods giant first announced plans to spin off its ice cream unit, which includes Ben & Jerry's and Magnum, in March last year.
Unilever to complete ice-cream spin-off this weekend
Unilever PLC (LSE:ULVR) said it will complete the demerger of its ice-cream arm, now renamed The Magnum Ice Cream Company (TMICC), on Saturday 6 December, with the new business set to begin trading on Monday 8 December in Amsterdam, London and New York. The update follows the publication of TMICC's prospectus for its listings on Euronext Amsterdam and the London Stock Exchange, and confirmation that its US registration statement has become effective ahead of a New York Stock Exchange debut.
