Magnum Ice Cream Co. N.V. (LSE:MICC) reported 2025 revenue of €7.9 billion, delivering 4.2% organic growth supported by a 1.5% increase in volumes and 2.6% pricing uplift. The company said all regions expanded market share during the year, while its leading brands introduced around 150 new products to sustain consumer engagement and category momentum.
Although top-line performance remained robust, profitability was impacted by costs associated with the group’s separation and restructuring activities. Operating margins and net income came under pressure from one-off demerger expenses, foreign exchange headwinds, new transitional service agreement (TSA) cash charges and higher financing costs following the issuance of an oversubscribed €3 billion bond. A €180 million productivity drive helped mitigate some of these pressures but did not fully offset the incremental expenses tied to becoming a standalone business.
The demerger, alongside listings in Amsterdam, London and New York, formally established TMICC as an independent, pure-play ice cream company. However, free cash flow declined sharply over the year, reflecting separation-related outflows, capital expenditure and increased interest payments.
Looking ahead, management maintains that underlying category demand remains resilient, particularly across digital channels and in faster-growing AMEA markets. A €500 million multi-year productivity initiative is expected to support margin recovery, while the company is targeting 3%–5% organic sales growth in 2026 as it strengthens its competitive position in the global ice cream sector.
More about Magnum Ice Cream Co. N.V.
Magnum Ice Cream Co. N.V. is a leading global ice cream specialist with a brand portfolio that includes Magnum, Ben & Jerry’s, Cornetto and Heartbrand. The company serves both at-home and out-of-home consumption channels, leveraging digital commerce, extensive retail distribution and an expanding freezer network to grow its presence across Europe, the Americas and AMEA regions.
Leave a Reply