ET 02:45

Magnum Ice Cream Posts 48.4% Net Profit Drop in 2025 Amid Unilever Spinoff (EUR: MAGM)

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Magnum Ice Cream (MAGM) reported a 48.4% year-over-year drop in net profit to 307 million euros ($364.3 million) in 2025, the company said Feb 12, 2026. The decline followed the separation from Unilever and the spinoff to list in December 2025, with lower margins from separation, restructuring and finance costs cited as key drivers. Net profit for 2025 was 307 million euros, down from 595 million euros in 2024. The exchange rate for the euro was $1 = 0.8428 euros.

EditorThomas Ho