Magnum Ice Cream reaffirms 2026 organic sales growth outlook of 3%-5%

• Magnum Ice Cream reaffirmed FY 2026 organic sales growth guidance of 3%-5%.
• Adjusted EBITDA margin improvement expected at 40-60 bps on a comparable perimeter basis.
• Reported Adjusted EBITDA margin improvement forecast at 0-20 bps, primarily reflecting India acquisition impact.
• Q1 revenue totaled EUR 1.77 billion, with organic sales growth of 4.5% driven by 2.9% volume growth.
• Margin improvement expected to be weighted to H2 2026 due to TSA phasing and cocoa pricing benefits.

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