UNVR – Shows signs of recovery with net profits rising to IDR2.2 tn in 1H25

UNVR – Shows signs of recovery with net profits rising to IDR2.2 tn in 1H25 Unilever Indonesia (UNVR) posted a net profit of IDR2.2 tn in 1H25, down 12.6% yoy, with net sales falling 4.4% yoy to IDR18.2 tn. However, performance improved significantly from 2H24, with sales up 13.1% yoy and profits jumping 139% yoy sequentially, showing a sign of recovery. The rebound was supported by higher ad and promo spending, accounting for 8.9% of net sales as part of UNVR’s transformation strategy to rebuild its brand. Gross margins also declined -161 bps yoy but improved +305 bps from the prior semester. Pre-tax margin stood at 15.5%, indicating an improving operational efficiency despite external headwinds. Key brands, representing 55% of the portfolio, posted positive growth. Innovation, affordable packaging, and focus on health & wellbeing products drove demand, while online-offline distribution and cost controls supported margins. UNVR also announced a share buyback of up to IDR2 tn, reflecting financial strength and long-term growth commitment. With strong sequential momentum, UNVR remains confident in sustaining its recovery in the upcoming quarters. (Source : Bisnis Indonesia)