US EditionUnilever Profit Slides Ahead of Ice Cream Demerger
GREATER LONDON, ENGLAND, JUL 31 – Unilever's ice cream division showed 5.9% sales growth despite a 5% profit decline as the company prepares to list The Magnum Ice Cream Company in November.
- Unilever announced that it will demerge its ice cream division as The Magnum Ice Cream Company with a public listing set for mid-November 2025 in Amsterdam, London, and New York.
- This decision follows sustained strong growth in ice cream sales driven by volume increases and premium pricing, alongside Unilever's strategic focus on beauty and personal care sectors.
- The ice cream division grew 5.9% year-on-year in the first half of 2025, while Unilever's overall sales rose 3.8% in Q2 and its operating profit declined 4.8% due to higher costs and demerger expenses.
- CEO Fernando Fernandez highlighted increased spending on marketing, describing efforts to create a powerful marketing and sales engine that generates widespread consumer interest, and noted that Unilever will hold just under a 20% stake in the newly formed ice cream company.
- The demerger aims to allow Unilever to focus on premium beauty and personal care growth while using proceeds to offset demerger costs and reduce debt, with further growth expected in emerging markets.
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Leaning Left8Leaning Right6Center9Last UpdatedBias Distribution39% Center
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- 39% of the sources are Center
39% Center
L 35%
C 39%
R 26%
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