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Unilever PLC (NYSE:UL ) Q3 2025 Sales Call October 23, 2025 3:00 AM EDT Company Participants Fernando Fernandez - CEO & Director Srinivas Phatak - CFO & Director Jemma Spalton - Head of Investor Relations Conference Call Participants Warren Ackerman - Barclays Bank PLC, Research Division Guillaume Gerard Delmas - UBS Investment Bank, Research Division Jean-Olivier Nicolai - Goldman Sachs Group,...

Unilever has not seen a significant impact on consumer sentiment so far from the government shutdown in its key U.S. market, the CEO of the consumer goods company said on Thursday.

Unilever CFO Srinivas Phatak said on Thursday the demerger of the group's ice cream business could happen in early December if The Magnum Ice Cream Company listing gains automatic SEC approval following the publication of its prospectus next month.

Unilever PLC (LSE:ULVR) kept its 2025 guidance unchanged and said it continued to outperform in developed markets in the third quarter, helped by stronger volumes in North America and a steadier showing in Europe. The consumer goods group still expects underlying sales growth of 3% to 5% for the year, with the second half ahead of the first, and a higher operating margin.

Underlying sales increased 3.9%, as the company readies to spin off its ice-cream division by the end of the year.

Unilever's third-quarter underlying sales growth topped market expectations on Thursday, driven by strength in its beauty products across North America and emerging markets.

Unilever PLC (LSE:ULVR) said splitting off its ice cream business is being hampered by the US government shutdown.  The FTSE 100 group said it was revising its timetable as the shutdown extends to the US financial regulator but is still confident that the demerger will happen by the end of the calendar year.

Unilever said on Tuesday the timeline for the planned demerger of The Magnum Ice Cream Company has been delayed due to the U.S. federal government shutdown, with further updates on the revised schedule to be provided as soon as possible.