Unilever lifts volume outlook after Q3 sales beat

Unilever reported underlying sales growth of 5.2% in the third quarter, driven by strong demand and price increases in emerging markets. Volume grew 2.9% while price grew 2.3%, prompting the company to raise its full‑year underlying volume growth forecast to at least 3%. CEO Fernando Fernandez highlighted India, Latin America and Southeast Asia as key contributors. The board also lifted the interim dividend by 3%.

The company expects at least 3% full‑year volume growth, which should support its 2026 sales guidance and may improve revenue forecasts for investors. The 3% dividend increase raises the interim yield, offering a modest income boost.

  • 1Underlying sales grew 5.2% in Q3, beating the 4.8% consensus.
  • 2Volume growth was 2.9% in the quarter.
  • 3Price growth was 2.3% in the quarter.
  • 4Full‑year underlying volume growth is now forecast at least 3%, up from around 3% previously.
  • 5Third‑quarter turnover rose 6.7% to €13.271 billion.
  • 6The interim dividend was increased by 3%.

Sources