Bank Of America Securities Remains Bullish On Unilever PLC (UL)

The results reflect that Unilever PLC (NYSE:UL) continued to outperform in developed markets in fiscal Q3, supported by its solid innovation program, and stepped up its emerging markets performance with a return to growth in China and Indonesia. It added that growth was broad based across all the company's Business Groups, and was driven by its Power Brands.

In addition, Unilever PLC (NYSE:UL) plans to complete the Demerger of the Ice Cream business by year's end, creating a "simpler" Unilever with a "sharper focus and structurally higher margin profile". The company's outlook for the full year 2025 remains unchanged, and it expects underlying sales growth to be within its range of 3% to 5%. Despite subdued market conditions, Unilever PLC (NYSE:UL) expects second-half growth to be ahead of the first half.