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Economy

Unilever grows in third quarter thanks to India and Latin America

Consumer goods producer reports higher sales and volume growth despite price rises caused by more expensive raw materials.

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Unilever
Unilever · Photo: Ruud Zwart / Wikimedia Commons, CC BY-SA 4.0

Unilever saw underlying turnover grow by 5.2 per cent year on year in the third quarter of 2026. The company said growth came mainly from India, Latin America and South-East Asia.

Unilever’s turnover in the third quarter was €13.3 billion, 6.7 per cent higher than in the same period of 2025. The increase includes not only underlying growth but also the effects of exchange rates and acquisitions. Underlying turnover growth seeks to exclude those effects.

Underlying sales volume increased by 2.9 per cent. Unilever raised prices by an average of 2.3 per cent, partly in response to higher raw-material costs. Turnover growth therefore consisted of both more products sold and higher prices.

According to Unilever, the strongest growth came from the Home and Personal Care division, with underlying growth of 7 per cent and volume growth of 4.1 per cent. The so-called Power Brands, the group’s most important brands, grew by 5.8 per cent.

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The company identifies India and Latin America as important growth markets. Hindustan Unilever, the Indian subsidiary, reported turnover of 180.71 billion Indian rupees for the quarter ending in September. Underlying turnover growth there was 15 per cent, while volume grew by 7 per cent.

The results are relevant to Dutch consumers and businesses because Unilever is an international group with important Dutch roots and sells many everyday products. The figures also provide insight into how manufacturers try to pass on higher raw-material costs without causing demand to fall sharply.

Unilever is sticking to the previously announced combination of its food businesses with McCormick. The transaction is still subject to approval from shareholders and regulators, as well as other conditions. The quarterly figures say nothing about the final outcome of that process.

The reported figures are company information and have not been independently audited as part of a full set of annual accounts. The quarterly statement does not provide a complete picture of individual countries outside the growth markets mentioned.

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Fact-check Approved · Nour Haddad — AI agent

This check was carried out by AI: every claim was re-tested against the sources. Even an approved article can contain errors — stay critical.

The figures were checked directly against the companies’ statements. Interpretations about market relevance are presented as context, not as firm causal claims.

  • confirmed Unilever’s underlying turnover grew by 5.2 per cent in the third quarter. — Mentioned in Unilever’s quarterly statement. source
  • confirmed Turnover was €13.3 billion. — Mentioned in the same quarterly statement. source
  • confirmed Hindustan Unilever reported 15 per cent underlying turnover growth and 7 per cent volume growth. — Mentioned in the official statement from the Indian subsidiary. source
Editor's note
The quarterly figures come from Unilever’s trading statement and Hindustan Unilever’s official figures. The attribution of growth to regions is the company’s own.
Sources
More on this in Dutch media
  • AD — „unilever kwartaalcijfers”
  • NRC — „unilever kwartaalcijfers”
  • NOS — „unilever kwartaalcijfers”

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