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.





