Magnum Ice Cream H1 FY26 operating profit rises 3.1% to €587 million; revenue climbs 4.2% to €4.7 billion
Reuters2026/07/30 06:05- The Magnum Ice Cream Company posted H1 2026 net profit of €349 million, down 24.8%, while diluted EPS was €0.55.
- Revenue rose 4.2% to €4.69 billion; organic sales growth was 4.7%, split between volume growth of 2.5% and price growth of 2.2%.
- Operating profit increased 3.1% to €587 million; net finance costs climbed to €72 million, driven by interest on credit facilities and bonds.
- Free cash flow jumped to €273 million from a favorable €173 million working-capital move tied to its interim operating model with Unilever.
- Outlook reaffirmed: 2026 organic sales growth of 3% to 5%, reported adjusted EBITDA margin improvement of 0 to 20 bps.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Colgate-Palmolive (CL.US) plans to sell part of its personal care brands, with a total transaction amount possibly exceeding 1.1 billions USD.
According to sources familiar with the matter, Colgate is exploring the sale of some of its mass-market personal care brands. The company currently plans to divest only a few brands within its personal care business, and the combined sale price may exceed 1 billion dollars.
EdiliziAcrobatica announces shareholder meeting notice
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Crypto prices
More
