Magnum Ice Cream revenue climbs to a massive €4.7 billion

• The Magnum Ice Cream Company reported first-half 2026 revenue of €4.7 billion, with organic sales growth of 4.7%.
• Adjusted EBIT increased to €716 million, while free cash flow improved to €273 million.
• The company reaffirmed its 2026 outlook for 3–5% organic sales growth and higher adjusted EBITDA margins.

The Magnum Ice Cream Company (NYSE:MICC) reported first-half 2026 revenue of €4.7 billion, up from €4.5 billion a year earlier, driven by 4.7% organic sales growth across all regions.

Organic sales growth included a 2.5% increase from volume and a 2.2% increase from pricing, while adjusted EBIT rose to €716 million with a 15.3% margin compared with 14.8% in the prior-year period.

Adjusted EBITDA reached €880 million with an 18.7% margin, compared with 19% in H1 2025, with margins affected by 70 basis points from Transitional Service Agreements and 30 basis points from the India acquisition.

The Magnum Ice Cream Company reaffirmed its 2026 outlook for 3–5% organic sales growth and a 40–60 basis point adjusted EBITDA margin improvement on a comparable perimeter.

Net profit declined to €349 million from €464 million a year earlier, while free cash flow improved to €273 million from €138 million, supported by working capital benefits linked to the interim operating model with Unilever.

Meanwhile, the company completed acquisitions in India and Portugal, delivered €90 million in productivity savings and reported organic growth across Europe & ANZ of 4.1%, Americas of 3.2%, and AMEA of 7.6%.