The Magnum Ice Cream Co NV

MICC: XLON (GBR)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
LOCK|&tNLOCK|kxcLOCK|@J%#?!

The Magnum Ice Cream Company Earnings: Separation Costs Weigh on Margin; Shares Undervalued

TMICC reported its first stand-alone results, with organic sales growth of 4.2%, driven by pricing of 2.6% and volumes of 1.5%. Adjusted EBITDA margin declined more than expected due to reclassification of service agreement charges to Unilever from D&A. Shares fell 14% at the market open on Feb. 12.

Sponsor Center