The Magnum Ice Cream Co NV
MICC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.&w | LOCK|Rkp | LOCK|Y^?D%g |
TMICC: Volume-Led Growth Lifts Confidence in Turnaround Story; Shares Cheap
The Magnum Ice Cream Company delivered strong results, with underlying sales at the top of the full-year guided range at 4.5%, driven by volume growth of 2.9%, which substantially exceeded company-compiled consensus estimates. Shares are trading 12% higher intraday on April 30.
