The Magnum Ice Cream Company N.V.
MICC.AS
Euronext Amsterdam16.26
EUR
-0.12
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The Magnum Ice Cream Company N.V.
MICC.AS
(Euronext Amsterdam)
Recent
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16.26
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ROIC.AI
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- Business
- The Magnum Ice Cream Company N.V. (MICC.AS) manufactures and markets a broad portfolio of ice cream and frozen desserts worldwide. The company offers premium and impulse ice cream products including chocolate-coated bars, cones, ice lollies, frozen yogurt, and gelato under globally recognized brands such as Magnum, Ben & Jerry's, Cornetto, Wall's, Breyers, Talenti, Yasso, Popsicle, Klondike, Solero, Twister, Viennetta, Calippo, Feast, Grom, and regional Heartbrand variants like Algida, Langnese, Kwality Wall's, Kibon, Selecta, Ola, Streets, Good Humor, and Frisko; it also provides take-home ice cream tubs, family packs, and innovative non-dairy options such as the Hydro:ICE functional ice pop enriched with vitamins and electrolytes. Headquartered in Amsterdam, Netherlands, the company operates in approximately 80 countries across three segments--Europe and ANZ, Americas, and Rest of World (including Africa, Asia, Middle East)--with about 65% of revenue from developed markets and targets consumers seeking indulgent, premium, and occasion-based snacking experiences. Formed on July 1, 2025, as a demerger from Unilever following the March 19, 2024 announcement to separate its ice cream division into a standalone pure-play entity, The Magnum Ice Cream Company N.V. holds approximately 21% of the global ice cream market share as the world's largest ice cream manufacturer by volume. The company listed publicly on December 8, 2025, on Euronext Amsterdam, London Stock Exchange, and New York Stock Exchange under ticker MICC with an initial market value of $9.1 billion, achieving 2024 revenues of EUR 7.9 billion and adjusted EBITDA of EUR 1.3 billion. Recent strategic initiatives include a global supply chain transformation program highlighted by a GBP 50 million investment in its Gloucester, UK facility to add production lines, boost capacity by 25%, and target 50% output growth by 2027; accelerated innovation under brands like Wall's for refreshment products; and new launches such as portion-controlled Magnum Bonbons, Breyers CarbSmart high-protein desserts, and Hydro:ICE for functional adult refreshment. These efforts support a medium-term growth ambition of 3-5% through product diversification, premiumization, digital marketing, pricing strategies, and productivity savings of EUR 500 million from supply chain optimizations and overhead reductions. Amid the demerger, the company navigated a dispute with Ben & Jerry's co-founders over social values independence, with CEO Peter ter Kulve affirming full integration of the brand.