The Magnum Ice Cream Company reported H1 2026 revenue of €4.7 billion, reflecting 4.7% organic sales growth driven by a 2.5% volume increase and 2.2% price increases. Adjusted EBIT rose to €716 million with an adjusted margin of 15.3%, while free cash flow improved significantly to €273 million from €138 million in the prior year period. The company successfully integrated acquisitions in India (completed March 30, 2026) and Portugal (April 1, 2026), contributing to growth despite foreign currency headwinds of -2.7%. Management reaffirmed its full-year outlook for organic sales growth between 3% and 5% and an adjusted EBITDA margin improvement of 40 to 60 basis points. The company also disclosed a Turkish Competition Authority investigation regarding freezer cabinet allocation in small retail outlets, requiring compliance by August 15, 2026. The Magnum Ice Cream Company operates as the world's leading ice cream business, managing global brands including Magnum, Ben & Jerry’s, Cornetto, and Heartbrand.
