Brief: Magnum Ice Cream Ups FY Growth Outlook To Around 5.5%
29/10/2026 07:06
BRIEF-Magnum Ice Cream Ups FY Growth Outlook To Around 5.5% Oct 29 (Reuters) - The Magnum Ice Cream Company N.V. MICCT.AS:
FULL YEAR GROWTH OUTLOOK UPGRADED TO APPROXIMATELY 5.5% (FROM 3 TO 5%)
Q3 REVENUE €GREW +12.1% TO €2.5 BILLION BILLION (COMPANY CONSENSUS: €2.4 BILLION)
Q3 ORGANIC SALES GROWTH 9.6% (COMPANY CONSENSUS: 4.6%)
Q3 ORGANIC PRICE GROWTH 2.2% (COMPANY CONSENSUS: 1.8%)
Q3 ORGANIC VOLUME GROWTH 7.3% (COMPANY CONSENSUS: 2.8%)
FY ADJUSTED EBITDA MARGIN IMPROVEMENT IS STILL EXPECTED TO BE 40 TO 60BPS
PRODUCTIVITY SAVINGS AND OPERATING LEVERAGE ARE ANTICIPATED TO OFFSET HIGHER COSTS, PRIMARILY DRIVEN BY OIL AND ENERGY PRICES
Source text: ID:nGNX89gDrk
Further company coverage: MICCT.AS
(Gdansk Newsroom)
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