Unilever Reports Non-GAAP EPS of €1.61, Revenue Rises to €25.62B; Upgrades FY2026 Outlook
Unilever reported first-half non-GAAP earnings per share (EPS) of €1.61 and revenue of €25.62 billion in the period, representing a 0.4% year-over-year increase. The company's underlying operating margin improved to 20.3%, up by 10 basis points from prior expectations. Gross margin stood at 46.8%, supported by competitive brand and marketing investments that accounted for 16.1%. Unilever also announced the completion of its €800 million productivity program ahead of schedule. The results exceeded market expectations, prompting an upgrade to the company's full-year FY2026 outlook. The improved performance reflects strong cost management and operational efficiency gains, which are expected to drive continued growth in profitability.
Tickers: $UL
Topics: Earnings Margin Performance Revenue Growth