Magnum, Unilever and ben cohen
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The Magnum Ice Cream Company expects annual organic sales growth of 3% to 5% from next year — broadly in line with the global market — and plans to focus on cost-cutting after it is spun off from parent Unilever Plc.
LONDON (Reuters) -Unilever expects the Magnum-led ice cream unit it is spinning off to see average annual organic sales growth of 3-5% in the medium-term from 2026, the company said ahead of a capital markets day on Tuesday.
Unilever’s €8bn ice cream arm is set to spin off as The Magnum Ice Cream Company. CEO Peter ter Kulve outlines plans to reignite growth through innovation, healthier snacking, and new brands like Hydro:ICE.
The company aims for 3% to 5% average annual organic sales growth in the medium term from 2026.
Unilevers ice cream division, led by Magnum, is preparing for a mid-November stock market debut as a stand-alone company. The spin-off, which also includes brands like Ben Jerrys, Walls and Cornetto,
The Magnum Ice Cream Company has unveiled its vision for growth after its official split from Unilever in November 2025