Shares of Unilever PLC (UL) plunged 6.34% in premarket trading on Thursday, following the release of the consumer goods giant's fourth-quarter 2024 financial results.

The company reported a 0.1% year-over-year decline in Q4 turnover (revenue) to €14.2 billion ($14.8 billion), missing analyst expectations of €14.46 billion. While underlying sales grew by a respectable 4% and underlying volume increased by 2.7%, the top-line miss and muted near-term outlook weighed on investor sentiment.

For 2025, Unilever expects underlying sales growth to remain within its multi-year range of 3% to 5%, and a "modest improvement" in underlying operating margin. Analysts expressed concerns about the company's ability to navigate ongoing cost pressures and a tough consumer spending environment, which could further impact margins and profitability.