Volume-Led Growth and Market Expansion
Volume growth of 2.9% achieved across all Business Groups, contributing to an underlying sales growth of 4.2%. Beauty & Wellbeing segment led the growth with a 6.5% increase, while Personal Care and Home Care also showed strong performance.
Significant Gross Margin Expansion
Gross margin increased by 280 basis points to 45%, surpassing pre-COVID levels. This improvement allowed for an increase in brand and marketing investments by €0.9 billion.
Improved Operating Profit and Shareholder Returns
Underlying operating profit grew by 12.6% to €11.2 billion. €5.8 billion was returned to shareholders through dividends and buybacks.
Successful Implementation of Productivity Program
Reduction of 4,300 full-time roles with expected savings, ahead of plan to reach 7,500 roles by end of 2025.
Sustainability Progress
Significant advancements in sustainability metrics, including a 76% reduction in Scope 1 and 2 emissions and a 23% reduction in virgin plastic usage.