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Unilever's modest revenue growth and improved profitability in FY 2024 were overshadowed by concerns over commodity inflation and subdued H1 2025 expectations. The company is focusing on high-demand, high-margin brands, with significant growth in the Beauty & Wellbeing and Personal Care segments. Unilever plans to demerge its Ice Cream segment by 2025 and streamline its Foods segment by selling underperforming brands.

Ben & Jerry's accusations came in its lawsuit seeking to stop Unilever's alleged efforts to dismantle its independent board and end its social activism.

Consumer goods manufacturing giant Unilever (UL -5.46%) reported mixed fourth-quarter and full-year 2024 earnings on Thursday, Feb. 13. Its underlying earnings per share (EPS) of 2.98 British pounds narrowly exceeded analyst consensus expectations of 2.965 pounds thanks to solid operational efficiency.

Hein Schumacher, CEO of Unilever, weighs in on the company's latest earnings and its efforts to regain market share from private labels.

Unilever PLC (NYSE:UL ) Q4 2024 Earnings Conference Call February 13, 2025 3:00 AM ET Company Participants Hein Schumacher - CEO Fernando Fernandez - CFO Jemma Spalton - Head of IR Conference Call Participants Warren Ackerman - Barclays Celine Pannuti - JPMorgan Chase & Co. Jeffrey Stent - BNP Paribas Exane Jean-Olivier Nicolai - Goldman Sachs Group Guillaume Delmas - UBS Jeremy Fialko - HSBC Victor Ma - TD Securities Thomas Sykes - Deutsche Bank Hein Schumacher Good morning and welcome to Unilever's Full Year Results. Thank you for joining us.

Unilever on Thursday moved forward with its plan to separate its ice cream-making division, saying it will be listed on three stock exchanges.

Unilever PLC has also announced a new share buyback of up to €1.5 billion, and said it will spin out its ice cream business with joint listings in Amsterdam, London and New York.  The final results "reflect a year of significant activity as we focused on transforming Unilever into a consistently higher performing business", says CEO Hein Schumacher.

Unilever posted a 4% rise in fourth-quarter underlying sales, slightly missing a 4.1% forecast. Over the full-year, underlying sales grew 4.2% versus estimates of 4.3%.

Unilever PLC would be best placed spinning off its ice cream division in both London and New York, according to Barclays analysts. Despite speculation of a float in Amsterdam, joint transatlantic listings would reduce risks of flow-back given Uneilver's UK listing and the fact 70% of investors are based in the two, the bank said in a note.

Ben & Jerry's filed a complaint against its parent company, Unilever, in 2024. At the time, Ben & Jerry's accused Unilever of silencing its views on the war in Gaza.