联合利华：2025年营业额505亿欧元，预计2026年基础销量至少增长2%

Core Insights - Unilever reported a revenue of €50.5 billion for 2025, representing a year-on-year decline of 3.8% [1] - The underlying operating margin increased by 60 basis points to 20.0% [1] - Underlying earnings per share grew by 0.7% [1] Business Segment Performance - Beauty and wellness segment saw an underlying sales growth of 4.3% [1] - Personal care segment achieved an underlying sales growth of 4.7% [1] - Home care and food segments recorded underlying sales growth of 2.6% and 2.5%, respectively [1] Future Outlook - Unilever anticipates a growth rate for underlying sales in 2026 to be in the range of 4%-6% [1] - The company expects at least a 2% growth in underlying volume [1] - A slight improvement in underlying operating margin is also projected [1]