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]

Group 1 - Magnum CEO Peter ter Kulve emphasized that the company is not considering selling Ben & Jerry's and is focused on reclaiming market share and growing sales as it prepares for its spin-off from Unilever [1][3] - Unilever's ice cream business, which includes brands like Magnum, Ben & Jerry's, Wall's, and Cornetto, is expected to hold over 20% of the approximately $88 billion global ice cream market, competing with rivals such as Nestle-backed Froneri [1] - The separation from Unilever has allowed Magnum to invest in supply chains, sales, and distribution, leading to a significant increase in market share last year [2] Group 2 - Unilever's CEO Fernando Fernandez is implementing changes to streamline management and enhance margins, with the company retaining less than 20% of the ice cream business post-listing [4] - The demerger will provide every Unilever shareholder with a relative stake in Magnum, which is expected to mitigate market volatility typically associated with an IPO [5] - Magnum's CFO Abhijit Bhattacharya stated that the split is beneficial for both Unilever and Magnum, allowing Unilever to focus its portfolio while giving Magnum the opportunity to improve margins [4][5]