Professional
Added to YB: 2026-09-22
Pitch date: 2026-07-09
MICC [bullish]
The Magnum Ice Cream Company N.V.
+4.01%
current return
Author Info
No bio for this author
Company Info
The Magnum Ice Cream Company N.V. engages in the ice cream business in the Netherlands. The company offers its products under the Magnum, Ben & Jerry's, Cornetto, and Wall's brands.
Market Cap
EUR 10.1B
Pitch Price
EUR 16.07
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.03
P/E
55.75
EV/Sales
1.65
Sector
Food Products
Category
special_situation
Longleaf Partners Fund Portfolio Holding: The Magnum Ice Cream Company N.V.
MICC (hold): Magnum contributed in the quarter after a difficult start as a public company following its Unilever spinout. It reported better results in May, while the market began to recognize that the global ice cream company can achieve 3-5% revenue growth, improve margins and reach over €1.50 per share of FCF power in two years. Reports of potential private-equity interest make sense given Froneri, the industry’s #2 player, has already been a successful PE investment.
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