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The Magnum Ice Cream Company (MICC) investor relations material
The Magnum Ice Cream Company Conference presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Market overview and growth trends
Global ice cream market valued at €80bn, growing at a 3-4% CAGR, and forms part of the €645bn global snacking market.
Category is resilient with a long runway for structural growth, supported by increasing per capita consumption, especially in emerging markets.
Three structural trends shaping the next decade: consumption headroom, GLP-1 reshaping consumption, and agentic commerce.
Leadership, brands, and distribution
Holds #1 global leadership position with strong presence across key markets and leading brands such as Magnum, Ben & Jerry's, and Cornetto.
Achieved €8bn revenue in FY25, with robust omni-channel distribution and leading positions in major retailers and rapid delivery platforms.
Financial performance and outlook
Delivered 4.2% organic sales growth in FY25 and 4.7% in H1 2026, with positive growth across all regions.
2026 outlook reaffirmed: organic sales growth of 3-5%, adjusted EBITDA margin improvement of +40-60bps, and net finance cost of ~€160m.
Targeting €0.8-1.0bn FCF in 2028 and 2029, with ROIC at 20%.
- H1 2026 saw 4.7% organic sales growth, margin gains, and strong innovation across all regions.MICC
H1 2026 - Q1 2026 organic sales rose 4.5%, with strong innovation and reaffirmed full-year guidance.MICC
Q1 2026 TU - Up to 121.6 million shares are offered for resale by Unilever subsidiaries, with no proceeds to the company.MICC
Registration filing - 4.2% organic sales growth in 2025, but profit fell due to separation and finance costs.MICC
Q4 2025 - Market leader accelerates growth with innovation, productivity, and strong financial results.MICC
Investor Presentation - Targeting 3–5% organic sales growth and 40–60bps margin expansion, with digital transformation underway.MICC
CMD 2025
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