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Why Jim Cramer is optimistic after Magnum Ice Cream's IPO
CNBC· 2025-12-11 23:36
CNBC's Jim Cramer on Thursday explained why he's fairly positive on Magnum Ice Cream Company, which made its Wall Street debut earlier this week after spinning off from consumer giant Unilever. "We finally, by the grace of God — or at least, the grace of Unilever — have a pure play ice cream stock, now that The Magnum Ice Cream Company has been spun off and started trading independently," he said. "And, after taking a closer look at the story, I have to say, this one's pretty sweet."Magnum Ice Cream might f ...
The Magnum Ice Cream Company confirms inclusion in AEX index on Euronext Amsterdam
Globenewswire· 2025-12-10 06:31
Core Insights - The Magnum Ice Cream Company (TMICC) has been included in the AEX Index on Euronext Amsterdam as of December 8, 2025, marking its first day of trading [1][2] - TMICC is recognized as the world's largest ice cream company, with a diverse portfolio of iconic brands including Magnum, Cornetto, and Ben & Jerry's, and operates in over 80 countries [3][5] - The company generated €7.9 billion in revenue in 2024, indicating strong financial performance [5] Company Overview - TMICC is headquartered in Amsterdam, Netherlands, and is the global leader in the ice cream market [3] - The company has a strategy focused on sustainable growth through innovation, productivity, and disciplined investment [3] - TMICC operates a global fleet of 3 million freezers, enhancing its distribution capabilities [5] Market Position - The AEX Index consists of the 30 largest and most actively traded companies on Euronext Amsterdam, highlighting TMICC's significant market presence [2] - The inclusion in the AEX Index positions TMICC alongside other leading Dutch and international businesses, enhancing its visibility to investors [3]
CNBC's UK Exchange newsletter: The world’s biggest ice cream maker hopes the future’s sweet
CNBC· 2025-12-10 05:30
In this articleULVR-GBThis report is from this week's CNBC's UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchLovers of ice cream brands like Magnum, Cornetto, Carte D'Or, Ben & Jerry's, Breyers and Wall's can now own shares in them directly following Monday's demerger of The Magnum Ice Cream Company (TMICC) from former parent Unilever.In one of the splashiest stock market events of 2025, shares of TMICC debuted on Amsterdam's Euronext, and there are also secondary listings in L ...
TMICC begins new life as global ice-cream leader in positive stock market debut
Yahoo Finance· 2025-12-08 14:14
Sales are more weighted to developed markets at 65% of total revenue versus 35% for emerging markets but TMICC also plans to put more leverage into advertising and promotional spending.For the time being, Unilever will retain a 19.9% stake in the demerged TMICC but that interest will be wound down gradually over five years, the parent company previously disclosed.In Amsterdam trading, Reuters put the valuation at $9.2bn as of a filing at 11:04am GMT today.“With our iconic brands, world-class capabilities, e ...
梦龙冰淇淋公司上市,市值超640亿!
Sou Hu Cai Jing· 2025-12-08 13:52
Core Viewpoint - Magnum Ice Cream Company (TMICC), the parent company of popular ice cream brands in China, officially launched its multi-location listing on December 8, 2023, on the Amsterdam Euronext, London Stock Exchange, and New York Stock Exchange, with a market capitalization of €7.9 billion [3][5][6]. Group 1: Company Overview - TMICC is a spin-off from Unilever, focusing solely on ice cream, with a revenue of €7.9 billion in 2024, capturing approximately 21% of the global ice cream retail market [5][6]. - The company operates strong global brands such as Magnum, Ben & Jerry's, Wall's, and Cornetto, with a network of nearly 3 million freezers across 80 countries [5][6]. Group 2: Market Position and Financials - TMICC is the second-largest ice cream company in China, with projected revenue of €317 million in 2024, showing strong recovery and growth potential [6]. - In the first half of the year, TMICC generated €270 million in revenue in China, indicating robust market performance [6]. Group 3: Strategic Initiatives - TMICC has outlined three strategic pillars: growth, productivity, and reinvestment, aiming for €500 million in cost savings through supply chain transformation and operational efficiency [6]. - The company plans to expand its global freezer network by approximately 2% annually, adding around 60,000 freezers, and will focus on product innovation, with 2025 designated as a year for numerous new product launches [6]. Group 4: Organizational Changes - To adapt to its independent status, TMICC has restructured its organization to prioritize frontline operations, streamlining management layers to enhance decision-making speed and market responsiveness [6][7].
梦龙母公司三地上市,全球冰淇淋巨头开启独立新篇章
(原标题:梦龙母公司三地上市,全球冰淇淋巨头开启独立新篇章) 21世纪经济报道记者 高江虹 英国时间12月8日上午8点整,也就是北京时间8日下午16点整,伦敦证券交易所交易大厅屏幕闪烁,股 票代码LSE:MICC旁显示出第一个交易价格,同一时间,荷兰阿姆斯特丹泛欧交易所,股票代码 AMS:MICC也开始了交易,Magnum冰淇淋公司正式开启其多地上市新征程。 联合利华方面表示,这一分拆将使两家公司都能更专注于各自的战略重点,TMICC作为独立实体将拥 有更大的财务和运营灵活性,能够更快速地应对市场变化并抓住增长机遇。 TMICC在招股说明书中披露的财务数据展现了其作为全球冰淇淋市场领导者的强大实力。2024年该公 司实现营收79亿欧元,调整后EBITDA达到13亿欧元,占据全球冰淇淋零售市场约21%的份额。 旗下品牌包括全球强势品牌Magnum、Ben & Jerry's、Wall's和Cornetto,并拥有近300万台冰柜的全球网 络,产品销往80个国家。独立上市后管理团队由具有丰富经验的"外部空降兵+老联合利华人"组成。首 席执行官Peter ter Kulve在联合利华任职超35年,并曾担任和路雪中国 ...
Initial admission to the Official List
Globenewswire· 2025-12-08 07:00
Core Points - The Magnum Ice Cream Company N.V. (TMICC) has announced the admission of its ordinary shares to trading on Euronext Amsterdam, the London Stock Exchange, and the New York Stock Exchange on December 8, 2025 [1][2][8] - TMICC's issued and outstanding ordinary share capital consists of 612,259,739 shares with a nominal value of EUR 3.50 each, carrying one vote per share [4][5] - The company generated €7.9 billion in revenue in 2024, establishing itself as the world's largest ice cream company with a portfolio that includes brands like Magnum, Ben & Jerry's, Wall's, and Cornetto [15] Admission Details - The registration statement was filed on November 4, 2025, and the prospectus was published on December 3, 2025 [2] - Trading on Euronext Amsterdam is set to commence at 9:00 a.m. (Amsterdam time), on the London Stock Exchange at 8:00 a.m. (London time), and on the New York Stock Exchange at 9:30 a.m. (New York time) on December 8, 2025 [8][11] - Shareholders will receive statements evidencing their interests in TMICC ordinary shares by December 23, 2025 [3] Company Strategy - TMICC aims to enhance agility, focus, and ambition as an independent listed company, with a clear strategy to deliver growth and improve productivity [6][7] - The company plans to lead the frozen snacking revolution by innovating new products and enhancing customer service, thereby creating value for shareholders and stakeholders [7]
The Magnum Ice Cream Company N.V. Announces Publication of Prospectus
Globenewswire· 2025-12-03 12:18
Core Viewpoint - The Magnum Ice Cream Company N.V. (TMICC) has announced the approval and publication of its prospectus for the admission of its ordinary shares to trading on Euronext Amsterdam and the London Stock Exchange, following its planned demerger from Unilever PLC [1][4]. Group 1: Admission and Prospectus - The prospectus has been approved by the Dutch Authority for the Financial Markets and the UK Financial Conduct Authority [1][3]. - TMICC's ordinary shares are set to be listed and traded on Euronext Amsterdam and the London Stock Exchange, with the admission expected to occur on December 8, 2025 [1][4]. Group 2: Demerger Details - The demerger from Unilever is anticipated to be completed on December 6, 2025, with key dates outlined in the prospectus [4][5]. - The latest time for transfers of Unilever shares to be registered is set for December 5, 2025, at 6:00 p.m. London time [6][8]. Group 3: Financial Performance - TMICC is recognized as the world's largest ice cream company, generating €7.9 billion in revenue in 2024 [12].
The Magnum Ice Cream Company successfully completes €3 billion debut bond issuance
Globenewswire· 2025-11-26 15:52
Core Viewpoint - The Magnum Ice Cream Company successfully completed a €3 billion debut bond issuance, marking a significant milestone as it transitions into a standalone entity [1][2]. Group 1: Bond Issuance Details - The bond issuance was conducted by Magnum ICC Finance B.V. and consisted of four tranches, each amounting to €750 million with varying fixed interest rates and maturity dates ranging from February 2029 to November 2037 [2][3]. - The issuance was part of a newly established €8 billion Euro Medium Term Note programme, which is guaranteed by The Magnum Ice Cream Company B.V. and its holding company [2][3]. Group 2: Market Response and Ratings - The bond offering was highly successful, with the order book being oversubscribed by over seven times, indicating strong market interest and confidence in the company's strategy [2]. - The Notes received ratings of "BBB" from S&P and "Baa2" from Moody's, reflecting a stable credit outlook [3]. Group 3: Use of Proceeds - The net proceeds from the bond issuance will be utilized for general corporate purposes, including facilitating the demerger from the Unilever Group [3]. Group 4: Company Overview - The Magnum Ice Cream Company is the largest ice cream company globally, with a diverse portfolio that includes brands like Magnum, Ben & Jerry's, Wall's, and Cornetto, and operates nearly 3 million freezers across 80 countries [7]. - The company reported revenues of €7.9 billion in 2024, showcasing its significant market presence [7].
Ben & Jerry's ‘not for sale' says Magnum CEO ahead of spin-off from Unilever
Fastcompany· 2025-09-10 19:27
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]