Unilever PLC (ULVR) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.978 Hello and welcome to Unilever's third quarter trading statement for 2025. 00:00:04.978 -- 00:00:08.482 Thank you for being with us today. I am joined here by Srini Patak. 00:00:08.482 -- 00:00:12.688 Srini's appointment as Chief Financial Officer was confirmed by the Board last month 00:00:12.688 -- 00:00:17.735 following an extensive search process. Srini's vast experience and expertise 00:00:17.735 -- 00:00:22.000 are great assets for Unilever and I am really delighted we will keep building on the 00:00:22.000 -- 00:00:26.326 strong partnership that we have formed. In a moment, Srini will take you through the 00:00:26.326 -- 00:00:31.031 details of the third quarter results. First of all, let me highlight the key elements 00:00:31.031 -- 00:00:36.198 of our performance as I said. We have delivered a good quarter with 4% underlying 00:00:36.198 -- 00:00:41.724 sales growth and acceleration of volume growth to 1.7% for Unilever, 00:00:41.724 -- 00:00:44.748 excluding ice cream, despite subdued markets. 00:00:44.748 -- 00:00:50.174 Growth was broad-based across all business groups, with each of them delivering underlying 00:00:50.174 -- 00:00:55.402 sales growth about 3%. This performance keeps Unilever on track to meet our 00:00:55.402 -- 00:01:00.950 full-year outlook and is evidence of our powerful innovation, improved execution and 00:01:00.950 -- 00:01:05.517 significant shift into premium segments and fast-growing channels. 00:01:05.517 -- 00:01:09.523 It is also fully in line with the priorities we have set for the business. 00:01:09.523 -- 00:01:14.270 For example, our major growth engines – beauty and wellbeing and personal care – deliver 00:01:14.270 -- 00:01:19.418 particularly strong performances. Our power brands contin...