Magnum Ice Cream reports first-half earnings above expectations

 

July 30 (Reuters) – Magnum Ice Cream, the maker of Ben & Jerry’s, reported first-half core earnings above market expectations on Thursday, citing cost reductions from its supply chain and corporate transformation after spinning off from Unilever in December 2025.

The company posted adjusted earnings before interest, taxes, depreciation and amortisation of €880 million ($1.0 billion) for the half-year period, up from €853 million a year ago. That beat analysts’ consensus of €843 million provided by the company.

($1 = 0.8735 euros)

(Reporting by Dimitri Rhodes in Gdansk, editing by Milla Nissi-Prussak)

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