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Unilever Beats Sales Forecasts as Ice Cream Biz Shines

Financial Express Kochi

|

August 01, 2025

DOVE SOAP MAKER Unilever beat forecasts for second-quarter underlying sales growth on Thursday, citing strong demand at its ice cream business, which it will spin off later this year as part of an ongoing reorganization.

- YADARISA SHABONG

The company said the ice cream spin-off is set for mid-November. Unilever will retain a less than 20% stake in the division, called The Magnum Ice Cream Company, for up to five years.

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