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Magnum Ice Cream Posts 9.6% Organic Sales Growth in Q3

Barclays analyst Warren Ackerman said an extended summer supported Magnum Ice Cream's third-quarter performance. The company gained market share across all regions.

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09:01:38 AM UTC
SquawkNews
Magnum Ice Cream's beat was more than the market expected, and all regions came out ahead, analysts at BNP Paribas London said in a note. Though China was dented by unfavorable weather, an extended European summer boosted growth, they add. Overall, sales in the third quarter were strong, the analys…

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