Added to YB: 2026-05-05
Pitch date: 2026-05-01
MICC [bullish]
The Magnum Ice Cream Company N.V.
+33.22%
current return
Author Info
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Company Info
The Magnum Ice Cream Company N.V. engages in the ice cream business in the Netherlands. The company offers its products under the Magnum, Ben & Jerry's, Cornetto, and Wall's brands.
Market Cap
EUR 9.7B
Pitch Price
EUR 12.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.75
P/E
53.88
EV/Sales
1.61
Sector
Food Products
Category
dividend
Magnum Ice cream - dividend growth portfolio
MICC (new position): Unilever ice cream spin-off at 7.6x fwd EV/EBITDA, 12x fwd P/E. Q1 vol +2.9%, pricing +1.6%. €599M FY25 op profit (-22% YoY) on €118M one-off separation costs. India acquisition completed. Target 50% payout ratio mid-term. Slow 3-4% market growth, strong pricing power, defensive.
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