Core Insights - The Magnum Ice Cream Co. is focusing on increasing ice cream consumption during Indian festivals, particularly Diwali, to create "ice cream moments" similar to other global occasions [1][2] - The company aims to expand its distribution network and enhance premiumization strategies to drive growth in the Indian market [1][6] Company Overview - Magnum Ice Cream Co. generated a turnover of €8.3 billion ($9.6 billion) in 2024 and holds over 20% of the global ice cream market share [4] - The company is in the process of separating from Unilever and will be incorporated in the Netherlands, with shares expected to list in Amsterdam, London, and New York in mid-November [4] Market Dynamics - India's ice cream market is projected to grow from $3.4 billion in FY23 to over $5 billion by FY25, indicating significant growth potential [5] - Per capita ice cream consumption in India is low at 600 ml per annum, compared to 5 liters in Turkey, but is four to five times higher in metropolitan areas [3] Distribution Strategy - The growth of the ice cream business in India is heavily reliant on the availability of chillers and pushcarts for product distribution [6][7] - The company recognizes the need for more freezers in small stores across India to enhance distribution capabilities [7] Competitive Landscape - The company identifies Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), known for its Amul brand, as a significant competitor in the Indian market [8] - The ice cream category is expected to grow at a rate of 3% to 4% annually, driven by factors such as disposable income, consumption occasions, and premiumization [9]

Indian-origin executive Srinivas Pathak has been appointed as the new Chief Financial Officer of Unilever PLC, the consumer goods giant said in a statement on Tuesday.Srinivas Phatak will replace Fernando Fernandez, who has been promoted to the role of the Chief Executive Officer following a reshuffle of the Unilever board.With his appointment as CFO, Phatak will now also be a board member of the Anglo-Dutch FMCG company, effective immediately.Srinivas Phatak was serving as the acting CFO of Unilever since ...

Core Viewpoint - Unilever has appointed Srinivas Phatak as its new finance chief, with the board unanimously supporting the decision after his strong performance in an interim role earlier this year [1] Group 1 - The appointment of Srinivas Phatak reflects the board's confidence in his capabilities, indicating a positive outlook for Unilever's financial leadership [1] - Phatak's interim performance was highlighted as a key factor in the board's decision, suggesting that he has already made a significant impact in the role [1]

Group 1 - The Magnum Ice Cream Company held its first Capital Markets Day, indicating a significant step in its journey towards becoming a stand-alone listed company [1] - The company started the demerger process in March 2024 and has been operating as a stand-alone entity within Unilever since July 1 of this year [2] - A sell-side analyst visit to Turkey was hosted at the end of June, showcasing the company's engagement with investors [2]

PresentationAdrian GoreFounder, Group Chief Executive & Executive Director Good morning, and thank you very much for the time. It is always a pleasure and an honor for me to present our group's results to you, and the results today are for the full 12 months to 30 June 2025. At the outset, let me say it's been an absolutely tremendous year. The growth of our business has been really strong, as you can see. Operating profit has grown by 29% and the other measures tend to follow that. And there's a lot to be ...

Group 1 - Unilever Food Solutions launched its third annual thought leadership whitepaper titled "Future Menus" at an exclusive event in Canada [1]

Company Overview - Unilever PLC is a British multinational consumer goods company, a leading global supplier in sectors such as Beauty & Wellbeing, Personal Care, Home Care, Foods, and Ice Cream [1] - The stock price of Unilever has a 52-week range of $54.32 to $65.87, with a current dividend yield of 3.09% [1] Financial Performance - For H1 2025, Unilever reported an adjusted EPS of $1.74 and revenues of $32.92 billion [2] - The company achieved a second-quarter growth of 3.8%, contributing to a first-half underlying sales growth of 3.4%, balanced across volume and price [3] Future Outlook - Unilever expects its full-year 2025 underlying sales growth to be between 3% to 5%, with anticipated second-half growth surpassing that of the first half despite challenging market conditions [4]

Unilever PLC (UL) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earning ...

Company Performance - Ollie's Bargain Outlet (OLLI) has gained approximately 18.2% year-to-date, significantly outperforming the average gain of 2.8% in the Consumer Staples sector [4] - The Zacks Consensus Estimate for OLLI's full-year earnings has increased by 2.5% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - Ollie's Bargain Outlet holds a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the broader market in the near term [3] Industry Context - Ollie's Bargain Outlet is part of the Consumer Products - Staples industry, which consists of 37 individual stocks and currently ranks 163 in the Zacks Industry Rank [6] - Stocks within the Consumer Products - Staples industry have experienced an average decline of about 4.8% year-to-date, highlighting OLLI's relative strength in this group [6] - Unilever PLC, another stock in the Consumer Staples sector, has also shown strong performance with a year-to-date return of 10.7% and a Zacks Rank of 2 (Buy) [5]

Core Insights - Magnum CEO Peter ter Kulve emphasized that the company is not considering selling Ben & Jerry's and is focused on regaining market share and increasing sales as it prepares for its spin-off from Unilever [2][5] - Unilever's ice cream business, which includes brands like Magnum and Ben & Jerry's, is projected to hold over 20% of the approximately $88 billion global ice cream market, competing against rivals such as Nestle-backed Froneri [3] - The separation from Unilever has allowed Magnum to invest in supply chains, sales, and distribution, marking a significant shift after years of declining market share and stagnant profits [3] Company Developments - The CEO of Unilever, Fernando Fernandez, is implementing changes to streamline management and enhance profit margins, with Unilever retaining less than 20% of the ice cream business post-listing [7] - Magnum's CFO Abhijit Bhattacharya stated that the demerger is beneficial for both Unilever and Magnum, allowing Unilever to focus its portfolio while giving Magnum the chance to improve margins [7] - The demerger structure ensures that Unilever shareholders will receive a stake in Magnum, which helps mitigate the market volatility typically associated with an IPO [8]