Pt Unilever Indonesia Tbk · IDX:UNVR
Pt Unilever Indonesia Tbk — Q1 2026 Earnings Presentation
28 slides from Pt Unilever Indonesia Tbk's earnings presentation, Apr 30, 2026
Slide 1: Earnings Call Q1 2026
Earnings Call Q1 2026 PT Unilever Indonesia Tbk April 30th, 2026
Slide 2: Safe Harbour Statement
Safe Harbour Statement This Release / Communication, except for the historical information, may contain statements, including the words or phrases such as ‘expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should’ and similar
Slide 3: PT Unilever Indonesia Tbk Earnings Call
PT Unilever Indonesia Tbk Earnings Call Q1 2026 Benjie Yap, CEO Neeraj Lal, CFO
Slide 4: Q1 2026 Result
Q1 2026 Result 1 Q1 domestic sales growth of 3.5% with volume growth at 2.1%. 2 Gross margin, excluding transformation costs, remained strong at 48.8%. 3 Profit before tax delivery of +167bps. Sariwangi Tea divestment completed in Q1 2026, 100% dividend payout on 4 profit from the sale. 5 Cost headw
Slide 5: Financial Reporting: Continuing and Discontinued Operations
Financial Reporting: 1 Continuing Operations (excludes Sariwangi Tea business) 2 Discontinued Operations: Sariwangi Tea business
Slide 6: Continuing Operations Sales
Continuing Operations Sales Q1 2026 Domestic Sales: Volume and Price 8.4 T UVG UPG USG 2.8% vs LY 5.4% 3.5% 2.1% Domestic 3.5% | Export -17% 0.3% -8.5% 2.1% Underlying volume Growth -6.6% 1.4% Q1'24 Q1'25 Q1'26 Underlying price growth
Slide 7: Continuing Operations Q1 2026
Continuing Operations Q1 2026 Gross Margin PBT% Net Profit 48.2% 18.9% 1.3T -18 bps vs LY +167 bps vs LY 14.1% vs LY EPS 33/share
Slide 8: Total Operations
Total Operations (Continuing + Discontinued Operations) Q1 2026 Gross Margin PBT% Net Profit 1.3 T 47.9% 18.8% 10.6% vs LY, EPS 33/share -20 bps vs LY +138 bps vs LY Includes Sariwangi net proceeds gain: 2.1 T 86% vs LY, EPS 56/share
Slide 9: Market Share Stable, 50% Business Winning Share
Market Share Stable, 50% Business Winning Share Offline Market Share* 32.6% Our Business Winning 30.8% 30.7% 30.6% ~50% of portfolio 27.0% 26.1% 26.0% 26.3% +80 bps vs Q2’25 FY'24 H1'25 H2'25 Q1'26 Value Volume *) Excluding Beverage
Slide 10: Making Progress Toward Strategic Priorities in 2026
Making Progress Toward Strategic Priorities in 2026 CATEGORY CHANNEL COST Desire at scale – every brand Execution excellence Gross margin improvement Shift to high growth segments Go to market transformation Productivity as a habit Social-first demand creation Channels of the future Digital transfor
Slide 11: Innovation: Driving Desire at Scale
Innovation: Driving Desire at Scale Accessible Price Packs Scaled Brand Activation Channel-Specific Execution Format-Led Innovation
Slide 12: Investment behind brands to drive Desire At Scale
Investment behind brands to drive Desire At Scale Powered by advanced formulation and Product winning fragrance Iconic transparent bottle with unmissable Packaging premium design 1st ever detergent designed to clean quickly Proposition even without scrubbing Disruptive presence supported by 360 Prom
Slide 13: Portfolio transformation to sharpen focus
Portfolio transformation to sharpen focus: Shift portfolio to high growth segments Contribution from 8.3% to 10.0% +25.6% Q1'25 Q1'26
Slide 14: Accelerating Brand Investment Through Scaled Digital & Social-First Activation
Accelerating Brand Investment Through Scaled Digital & Social-First Activation VOLUME VARIETY VIRALITY VALIDITY VALUE > 25K Unique content +4K Unique Creators > 1 Bio Reach Green Assets > 5Bio Impression
Slide 15: Broad Based Growth Across Channels
Broad Based Growth Across Channels Domestic Growth 3.5% GT and MT Health & Beauty and dCom
Slide 16: Strengthening Channel Infrastructure and Execution Excellence
Strengthening Channel Infrastructure and Execution Excellence Channel Infrastructure Expansion Execution Excellence in Market Festive In-Store Visibility Direct coverage 55k stores +23% vs LY Sales representative +24% vs LY +10% Assortment vs LY +3.5% Domestic Growth vs LY
Slide 17: Seeding Channels of Future: Health & Beauty (B&W)
Seeding Channels of Future: Health & Beauty (B&W) Channel Relevant Delivering Category Activating Portfolio Captaincy Festive & Omnichannel TRESEMME Silk Press HAIR Captaincy Collaboration with OPTIMO online (Exclusive Guardian) (AS Watson) (AS Watson) +72% Growth vs LY (B&W)
Slide 18: Seeding Channels of Future: Digital Commerce (B&W)
Seeding Channels of Future: Digital Commerce (B&W) Own the Moments Invest to Drive Traffic Driving Affiliate Momentum Consumer Win in Expanding and support affiliate Relevant Campaign Shopper Algorithm community +34% Growth vs LY (B&W)
Slide 19: Robust Gross Margin Delivery
Robust Gross Margin Delivery 48.8% 48.8% Q1 2026 Gross Margin 48.3% (exclude Restructuring) Volume +2.1% Gross Margin Pricing +1.4% (Reported) Labor Reset and Supply Chain 48.2% Restructuring 47.5% Strategic pricing interventions: 46.9% targeted brands Material inflation mainly from palm oil and for
Slide 20: Disciplined SG&A Management
Disciplined SG&A Management SG&A exclude A&P, Royalty and Transformation Costs (IDR billion) Q1 2026 1,100 13.6% 1,000 12.2% 900 Impact of productivity 11.0% 800 Centralized operations through 700 Global Business Services (GBS) 600 1,039 Hubs 977 931 500 Eliminate non-value-adding costs 400 300 200
Slide 21: Financial Update
Unwever Financial Update
Slide 22: Continuing Operations: Domestic Sales Progression
Continuing Operations: Domestic Sales Progression Quarterly and YTD sales (IDR billion) 8,503 8,220 8,220 7,942 8,017 7,942 7,642 7,367 7,676 7,119 6,550 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q1'25 Q1'26 Growth -3.6% 12.6% 17.2% 3.5% 3.5%
Slide 23: Domestic Sales – Home and Personal Care
Domestic Sales – Home and Personal Care (Continuing Operations) Q1 2026 Volume and price 4.2% Sales growth UVG UPG 14.7% USG 20.2% 13.6% 11.4% 4.2% 2.2% -10.2% -4.6% 2.2% Underlying volume growth -6.9% -9.3% 2.0% Underlying price growth Q1'25 Q2'25 Q3'25 Q4'25 Q1'26
Slide 24: Domestic Sales – Foods & Refreshment
Domestic Sales – Foods & Refreshment (Continuing Operations) Q1 2026 Volume and price 1.8% Sales growth 3.4% UVG UPG USG 9.9% 7.3% 2.0% 9.7% 7.6% -0.8% 2.0% Underlying volume growth 1.8% -2.6% -5.7% -0.2% Underlying price growth Q1'25 Q2'25 Q3'25 Q4'25 Q1'26
Slide 25: Continuing Operations Net Profit
Continuing Operations Net Profit Quarterly and YTD Net Profit (IDR billion) 1,244 1,253 1,098 1,253 1,098 1,108 877 793 476 538 307 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Q1'25 Q1'26 Growth -9.6% 132.5% 75.3% 14.1% 14.1%
Slide 26: Continuing and Total Operations Earning Per Share (IDR)
Continuing and Total Operations Earning Per Share (IDR) 23 56 3 1 33 29 Q1’25 EPS: Profit from Lower Q1’26 EPS: Discontinued Q1’26 EPS: Total Continuing Continuing Transformation Continuing Operations (Net) Operations Operations Operations Costs Operations
Slide 27: 2026: Looking ahead
2026: Looking ahead Drive growth ahead of market, greater contribution from pricing in H2. Inflationary pressures from Middle East mainly in H2, with Home Care being the most impacted. Calibrated pricing, disciplined cost management, and investment optimization to mitigate the impact. Modest margin
Slide 28: Q&A Session
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PT Unilever Indonesia — Q1 2026 Earnings Presentation on 6ix