Unilever (UL) Q2 FY25 earnings call

Unilever delivered a solid first half, driven by sustained strong performance in developed markets and clear signs of improvement in emerging markets, particularly Asia. The company is actively transforming its portfolio through strategic bolt-on acquisitions in Beauty & Personal Care and planned disposals, alongside the ongoing demerger of its Ice Cream business. Management expressed confidence in accelerating growth in the second half, underpinned by a commitment to multi-year volume growth and consistent gross margin expansion, while maintaining competitive brand investment levels.