Unilever(UK)(US:UL) Jing Ji Guan Cha Wang·2026-02-12 14:57Core Insights - Unilever's total revenue for 2025 was €50.5 billion (approximately ¥413.9 billion), with a base sales growth rate of 3.5% [2] - The beauty and personal care segment became the core driver, contributing over half of the total revenue [2] - The company announced a new €1.5 billion (approximately ¥12.3 billion) stock buyback plan expected to start in Q2 2026 [3] Performance Overview - Total revenue slightly missed market expectations of €51.3 billion, with a base operating profit of €10.08 billion also falling short [2] - The personal care business generated €13.2 billion with a base sales growth of 4.7%, while the beauty and health segment reached €12.8 billion with a growth of 4.3% [2] - Home care and food segments showed growth rates of 2.6% and 2.5%, respectively, indicating a trend of improvement [2] Strategic Developments - The ice cream business was successfully spun off in 2025, and the brand portfolio optimization reached 15%, reallocating resources towards the higher-margin beauty and personal care sector [3] - The company is pursuing transformation through acquisitions (e.g., Wild, Dr. Squatch) and divestitures of non-core assets (e.g., Kate Somerville, The Vegetarian Butcher) [3] Regional and Market Dynamics - Emerging markets like Asia-Pacific and Africa showed strong performance, with Indonesia's base sales growing by 12.7% [4] - The Chinese market returned to low single-digit growth after Q3 2025, while high-end product innovation drove growth in the European home care business [4] - For 2026, the company anticipates a base sales growth rate in the range of 4%-6%, with a minimum base volume growth of 2% [4] Stock Performance - As of February 12, 2026, Unilever's stock price closed at $71.86, down 1.92% for the day, with a year-to-date increase of 9.88% [5]