From CNBC: 2025-02-13 05:26:42

Unilever posted weaker-than-expected sales growth, expecting a stronger second half of 2025. The spin-off of its ice cream business, including Ben & Jerry’s, will be demerged through a triple listing. Full-year sales grew 4.2%, with a 2.9% increase in volume. Shares fell 6.7% in London. CEO Schumacher highlighted growth from the company’s 30 power brands.

Nestle reported in-line full-year sales growth and anticipated a sales uptick in 2025. Unilever aims to regain share of pocket, especially with premium products. Unilever plans to sell food lines worth around 1 billion euros, following the announcement of spinning off its ice cream unit. The demerger is set to be completed by the end of 2025 with listings in Amsterdam, London, and New York. CEO Schumacher confirmed Amsterdam as the primary listing for the business.



Read more at CNBC:: Unilever (ULVR) earnings Q4, full-year FY24