Magnum Ice Cream Company traded at 17.14 this Thursday October 1st, decreasing 0.65 or 3.63 percent since the previous trading session. Looking back, over the last four weeks, Magnum lost 13.68 percent. Over the last 12 months, its price rose by 14.85 percent. Looking ahead, we forecast Magnum Ice Cream Company to be priced at 18.57 by the end of this quarter and at 17.41 in one year, according to Trading Economics global macro models projections and analysts expectations.
Magnum Ice Cream Company NV is a Netherlands-based company primarily engaged in the food manufacturing industry, specifically in the ice cream and frozen dessert. The Company focuses on producing and marketing ice cream products under globally recognized brands such as Magnum, Ben & Jerry’s, Cornetto, and Wall’s. Their key product is Magnum ice cream, which is a packaged frozen dessert. The Group has organized its business into three segments: Europe and ANZ, representing Europe (which includes the United Kingdom and Ireland), Australia and New Zealand; Americas, representing North America and South America; and Rest of the World (RoW), representing Africa, Asia and the Middle East (which includes Turkey).