Unilever share price slips in early London trade as Graze sale closes, results loom

Unilever share price slips in early London trade as Graze sale closes, results loom

LONDON, Feb 3, 2026, 08:02 GMT — Regular session.

Unilever shares (ULVR.L) slipped at the start of Tuesday’s session, falling roughly 0.4% to 4,974 pence by 0802 GMT. Investors digested a modest portfolio tweak while bracing for the upcoming earnings report. (MarketScreener)

Timing is key. The stock has climbed to the upper end of its recent range, and the upcoming numbers need to exceed “fine” to sustain that push. Right now, much of the positioning bets on stable pricing, rising volumes, and solid cash flow.

Unilever ended Monday 1.0% higher at 4,992 pence, having reached a one-year peak of 5,055 pence earlier in the session, according to LSEG data. (Reuters)

Katjes International announced Monday it has wrapped up the acquisition of UK healthy-snacking brand Graze from Unilever. The deal went through its subsidiary Future Snacks Ltd., securing full ownership of Nature Delivered Ltd. and a London production site staffed by roughly 180 employees. (Euronext Live)

Unilever released its “total voting rights” update on Monday, a standard disclosure investors rely on to track reporting thresholds. The company reported its issued share capital at 2,181,005,247 ordinary shares as of Jan. 30, with 2,180,690,335 carrying voting rights. (Investegate)

Coming next: a major trigger. Unilever’s investor calendar lists Q4 and full-year 2025 earnings on Feb. 12. Then, on Feb. 17, it will present at the CAGNY Conference, a crucial event in the consumer sector where firms typically outline their priorities for the year ahead. (Unilever)

For traders, the focus shifts back to fundamentals: is growth driven by volume gains or merely price hikes? Margins, too, come under scrutiny, along with management’s commentary on cash returns.

This could easily backfire. A cautious forecast, softer-than-anticipated volumes, or any hint that cost inflation is returning to the P&L might weigh on a stock that’s been hovering near a one-year peak.

All eyes are on Feb. 12, the date Unilever will release its full-year results and updated guidance. (Unilever)

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