$MICC

Magnum Ice Cream Co N.V.

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Jefferies lifts Magnum price target but warns hot summer sets a trap for 2027

Jefferies raised its price target on Magnum Ice Cream (MICC) by 15% to €15.60 from €13.50, keeping a hold rating. It cited strong 2026 sales boosted by an exceptional North European summer, lifting Q2 volumes by about 3 points. Full-year like-for-like growth forecast was raised to 5%, but 2027 cut to 1.5% due to tougher comparisons and possible price cuts. Regulatory pressure in Turkey and valuation at 16x forecast earnings were also noted.

Heatwave Boosts Ice Cream Sales as Magnum Beats Earnings Forecasts

Magnum Ice Cream (MICC) reported first-half core earnings above expectations on July 30, citing cost cuts since its 2025 Unilever spinoff and a European heatwave boosting demand. Revenue rose to €4.7B from €4.5B, organic sales grew 4.7%, adjusted EBIT rose 7.5% to €716M, and net profit fell to €349M. Shares traded near €16.16; guidance is 3% to 5% organic growth.

Magnum Ice Cream Co N.V. (MICC): Financial results for H1 2026

Magnum Ice Cream Co N.V. (MICC) furnished an SEC Form 6-K — earnings release. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ​ ​ ​ ​ The Magnum Ice Cream Company N.V. ​ (Registrant) ​ ​ ​ ​ Date: July 30, 202

MICC sentiment & insider activity

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Jefferies lifts Magnum price target but warns hot summer sets a trap for 2027

Jefferies raised its price target on Magnum Ice Cream (MICC) by 15% to €15.60 from €13.50, keeping a hold rating. It cited strong 2026 sales boosted by an exceptional North European summer, lifting Q2 volumes by about 3 points. Full-year like-for-like growth forecast was raised to 5%, but 2027 cut to 1.5% due to tougher comparisons and possible price cuts. Regulatory pressure in Turkey and valuation at 16x forecast earnings were also noted.

$MICCMed

Heatwave Boosts Ice Cream Sales as Magnum Beats Earnings Forecasts

Magnum Ice Cream (MICC) reported first-half core earnings above expectations on July 30, citing cost cuts since its 2025 Unilever spinoff and a European heatwave boosting demand. Revenue rose to €4.7B from €4.5B, organic sales grew 4.7%, adjusted EBIT rose 7.5% to €716M, and net profit fell to €349M. Shares traded near €16.16; guidance is 3% to 5% organic growth.

$MICCMed

Magnum Ice Cream Co N.V. (MICC): Financial results for H1 2026

Magnum Ice Cream Co N.V. (MICC) furnished an SEC Form 6-K — earnings release. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ​ ​ ​ ​ The Magnum Ice Cream Company N.V. ​ (Registrant) ​ ​ ​ ​ Date: July 30, 202

Director/PDMR Shareholding

The Magnum Ice Cream Company N.V. (TMICC) reported an initial PDMR notification: Wai-Fung Loh, President of Asiab, disposed of ordinary shares (€3.50 each) on 16-Dec-2025 on the London Stock Exchange (XLON). The aggregated disposal was 1,640 shares at €12.1047 per share, totaling €19,851.72.

Director/PDMR Shareholding

The Magnum Ice Cream Company N.V. notified that Peter Ter Kulve, its Chief Executive Officer, acquired ordinary shares (€3.50 each) on 4 June 2026. According to the company, the purchase was at €14.6739506 per share for 6,825 shares, totaling €100,149.71, on the Amsterdam Stock Exchange (XAMSE).

Director/PDMR Shareholding

The Magnum Ice Cream Company N.V. (TMICC) reported PDMR share purchases. On 3 June 2026, Mark O’Brien (CTIO) acquired 2,674 shares at €14.4362 and 2,672 at €14.6632 on Amsterdam; on 4 June he bought 1,261 shares at €14.5301. On 3 June, Ronald Schellekens (CHRO) bought 27,998 shares at €12.5027 and on 4 June 7,950 at €12.5778 on London.

Director/PDMR Shareholding

The Magnum Ice Cream Company N.V. (TMICC) reported share purchases by PDMRs. According to the company, President Wai-Fung Loh acquired 15,855 shares at $15.85 and 4,838,000 shares at $16.00 on 1 Jun 2026 (NYSE). On 2 Jun 2026, Chief Corporate Affairs & Sustainability Officer Victoria McKenzie-Gould acquired 1,812 shares at €13.90 (XAMS).

Director/PDMR Shareholding

The Magnum Ice Cream Company N.V. (TMICC) reported share purchases by PDMRs. According to the company, Victoria McKenzie-Gould bought 21,795 shares at €14.09 on 29 May 2026 (XAMSE). Peter Ter Kulve bought 23,150 shares at €13.74 on 1 Jun 2026 (XAMSE). Wai-Fung Loh bought 20,000 shares at $16.38 on 29 May 2026 (XNYS). Desai Sandeep bought 88,482 shares at £11.78 on 1 Jun 2026 (XLONGBP).

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