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Magnum Ice Cream Co. N.V. ( (NL:MICC) ) has provided an update.
The Magnum Ice Cream Company reported a solid start to 2026, posting €1.77 billion in first-quarter revenue and 4.5% organic sales growth driven by higher volumes and prices, despite a 1.2% decline in reported revenue from currency headwinds. Growth was broad-based across regions and channels, underpinned by innovation in its core brands, continued expansion in value and foodservice channels, and progress on a productivity programme designed to offset rising energy and input costs.
The company completed acquisitions in India and Portugal, with their results to be consolidated from the second quarter, and said all planned transitional service exits for early 2026 were achieved on time as it targets full TSA completion by 2027. Management reaffirmed full-year guidance for 3%–5% organic sales growth and modest adjusted EBITDA margin improvement, signalling confidence ahead of the key summer season despite geopolitical uncertainty and foreign exchange volatility.
More about Magnum Ice Cream Co. N.V.
The Magnum Ice Cream Company N.V. is the world’s leading ice cream business, listed in Amsterdam, New York and London, and operates in about 80 markets globally. Headquartered in Amsterdam, it owns major brands including Magnum, Ben & Jerry’s, Cornetto and the Heartbrand, supported by 32 factories, 13 R&D centres and a large international freezer network.
Find detailed analytics on MICC stock on TipRanks’ Stock Analysis page.