2026 Half Year ResultsTMICC H1 2026 results Solid performance, driven by innovation and operational rigourH1 organic sales growth +4.7%; Full-year outlook reaffirmed Amsterdam, 30 July 2026 H1 2026 revenue €4.7 billion (H1 2025: €4.5 billion), +4.7% organic sales growth (OSG) balanced between volume +2.5% and price +2.2%, and across all regions Q2 2026 revenue €2.9 billion (Q2 2025: €2.7 billion), +4.9% OSG Operating Profit €587 million (H1 2025: €569 million), reflects improved Adjusted EBIT partially offset by an increase in adjusting items H1 2026 Adjusted EBIT €716 million (H1 2025: €666 million), H1 2026 Adjusted EBIT margin 15.3% (H1 2025: 14.8%), +50bps versus H1 2025 H1 2026 Adjusted EBITDA €880 million (H1 2025: €853 million), H1 2026 Adjusted EBITDA margin 18.7% (H1 2025: 19.0%), impacted -70bps by Transitional Service Agreements (TSAs), with previously allocated depreciation charged as cash costs, and -30bps due to the acquisition in India Productivity programme remains on track, with €90 million of savings delivered in H1 2026 Successfully integrated India and Portugal acquisitions Financial Highlights In €, percentage (unaudited) H1 2026 H1 2025 Q2 2026 Q2 2025 Revenue (in € billions) 4.691 4.503 2.921 2.711 Reported revenue growth 4.2% 2.5% 7.8% 1.4% Organic Sales Growth (a) 4.7% 5.8% 4.9% 7.0% Organic Volume Growth 2.5% 3.5% 2.3% 4.9% Organic Price Growth(a) 2.2% 2.1% 2.5% 2.0% Operating profit (in € millions) 587 569 Adjusted EBIT (in € millions) 716 666 Adjusted EBITDA (in € millions) 880 853 Operating profit margin (% revenue) 12.5% 12.6% Adjusted EBIT margin (% revenue) 15.3% 14.8% Adjusted EBITDA margin (% revenue) 18.7% 19.0% Free Cash Flow (FCF, in € millions) 273 138 Diluted Earnings Per Share (€) 0.55 Adjusted Earnings Per Share (€) 0.72 (a) India and Portugal were not in the perimeter and paid royalty for the use of TMICC brands prior to acquisitions completed on 30 March 2026 and 1 April 2026 respectively. The underlying growth of The Magnum Ice Cream Company N.V.
GlobeNewsWire7/30/2026Neutral