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Unilever's quarterly sales growth beats estimates
Unilever's quarterly sales growth beats estimates

Yahoo

time31-07-2025

  • Business
  • Yahoo

Unilever's quarterly sales growth beats estimates

(Reuters) -Dove soap maker Unilever beat market expectations for second-quarter underlying sales growth on Thursday, driven by higher pricing. The consumer goods company reported underlying sales growth of 3.8% for the three months ended June 30, compared with 3.6% expected by analysts in a company-compiled poll. Unilever's ice cream business, called The Magnum Ice Cream Company, is on track for demerger in mid-November, the company said. The company, which also owns brands such as Vaseline and Liquid I.V., kept its 2025 forecast unchanged. Unilever reported an underlying operating profit of 5.8 billion euros for the half-year period, slightly ahead of market expectations of 5.7 billion euros. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Unilever's quarterly sales growth beats estimates
Unilever's quarterly sales growth beats estimates

Reuters

time31-07-2025

  • Business
  • Reuters

Unilever's quarterly sales growth beats estimates

July 31 (Reuters) - Dove soap maker Unilever (ULVR.L), opens new tab beat market expectations for second-quarter underlying sales growth on Thursday, driven by higher pricing. The consumer goods company reported underlying sales growth of 3.8% for the three months ended June 30, compared with 3.6% expected by analysts in a company-compiled poll. Unilever's ice cream business, called The Magnum Ice Cream Company, is on track for demerger in mid-November, the company said. The company, which also owns brands such as Vaseline and Liquid I.V., kept its 2025 forecast unchanged. Unilever reported an underlying operating profit of 5.8 billion euros for the half-year period, slightly ahead of market expectations of 5.7 billion euros.

Exclusive: Unilever proposes Peter ter Kulve as CEO of listed ice cream unit
Exclusive: Unilever proposes Peter ter Kulve as CEO of listed ice cream unit

Reuters

time17-06-2025

  • Business
  • Reuters

Exclusive: Unilever proposes Peter ter Kulve as CEO of listed ice cream unit

LONDON, June 17 (Reuters) - Unilever said on Tuesday that it has proposed its soon-to-be listed ice cream business will be led by Peter ter Kulve, whom the Ben & Jerry's board has accused in lawsuits of "eye-popping" ignorance and muzzling its social purpose policies. "Approval of the full board of The Magnum Ice Cream Company by the Unilever board is anticipated in July 2025," a Unilever spokesperson said in an emailed statement. Ter Kulve, who is currently the ice cream business' president, would become CEO of the Magnum Ice Cream Company (TMICC) that will list in Amsterdam by the end of the year. TMICC is home to six of the world's top 10 ice cream brands, including Ben & Jerry's, Cornetto and Wall's, and generated turnover of 8.3 billion euros ($9.59 billion) in 2024. The news deals a blow to the independent board of Ben & Jerry's, which has in recent years been publicly at odds with ter Kulve and its parent company. A representative for the board did not immediately respond to a request for comment. A spokesperson for Ben & Jerry's did not immediately respond for comment. ($1 = 0.8655 euros)

Magnum Ice Cream Invites Race Goers to Enjoy the Ultimate Bite at Montreal's Crescent Street Grand Prix Festival
Magnum Ice Cream Invites Race Goers to Enjoy the Ultimate Bite at Montreal's Crescent Street Grand Prix Festival

National Post

time11-06-2025

  • Automotive
  • National Post

Magnum Ice Cream Invites Race Goers to Enjoy the Ultimate Bite at Montreal's Crescent Street Grand Prix Festival

Article content MONTREAL — This weekend, Magnum Ice Cream (Magnum) is inviting Montrealers and race-week revelers to experience the ultimate bite. From June 12 to 15, visitors can stop by the Magnum ASMR Studio at The Crescent Street Grand Prix Festival and partake in a multi-sensory activation designed to deliver a moment of indulgence. Article content The immersive Magnum experience offers a pit stop from the action of the track with an experience that brings the signature 'crack' of Magnum's 100% Belgian chocolate-coated ice cream bars to life. Visitors can step into the Magnum ASMR Studio, get close to the mic and create their own ASMR-inspired content – from the slow unwrapping of an ice cream bar to the iconic chocolate crack from the first bite. Each guest will receive a video capturing their personalized Magnum Moment to share on social media. Article content 'In a weekend known for speed, sound and adrenaline, we're giving people a moment to slow down, indulge, and really savour the small luxury of a Magnum,' said Benjamin Finn, Marketing Lead for Ice Cream, Unilever. 'Our ASMR activation taps into a trend people can't get enough of, offering that satisfying chocolate crack and sensory delight our fans love.' Article content The hero of this year's activation is the Magnum Mini Double Caramel – a perfectly mini-sized ice cream bar featuring velvety vanilla ice cream, gooey caramel sauce, and a decadent layer of 100% Belgian chocolate. The perfect bite-sized indulgence, Magnum Minis are the ultimate treat for fans craving something sweet during race weekend. Magnum will be sampling June 12 – 15 starting at 11 a.m. ET until supplies last – AND everyone who visits the Magnum booth will have a chance to win a $1,000 gift card for a shopping spree. Article content As temperatures rise, there's no better time to treat yourself to the rich, luxurious taste of a Magnum. Whether you're racing between events or strolling the summer streets of Montreal, Magnum's premium ingredients and assortment of flavours is the perfect go-to for all your summer adventures. Article content For more information and updates, please visit and follow @ on Instagram. Article content About Magnum® Article content Launched in 1989, Magnum® was the first handheld ice cream brand targeted as a premium adult offering. Today, Magnum® is one of the world's leading ice cream brands, selling over 1 billion units annually worldwide. Since launching in Canada in 2011, Magnum® has remained committed to bringing premium, indulgent ice cream bars to Canadians. Article content About Unilever Article content Unilever is one of the world's leading suppliers of Beauty & Wellbeing, Personal Care, Home Care, Foods and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 128,000 employees and generated sales of €60.8 billion in 2024. Article content For more information about Unilever and our brands, please visit Article content Unilever is one of the world's leading suppliers of Beauty & Wellbeing, Personal Care, Home Care, Foods and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 128,000 employees and generated sales of €60.8 billion in 2024. Article content Our leading brands in North America include Dove, Hellmann's, Vaseline, Degree, Axe, TRESemmé, Knorr, Magnum, Ben & Jerry's, Nutrafol, Liquid I.V., Paula's Choice, and Dermalogica. Article content For more information on Unilever U.S. and its brands visit: For more information on Unilever Canada and its brands visit: About Unilever in Canada Unilever is one of the world's leading suppliers of Beauty & Wellbeing, Personal Care, Home Care, Foods and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 128,000 employees and generated sales of €60.8 billion in 2024. Article content Our leading brands in Canada include Dove, Vaseline, Degree, Axe, SheaMoisture, TRESemmé, Knorr, Hellmann's, Breyers, Magnum, Ben & Jerry's, Liquid I.V., and OLLY. Article content Article content

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