Ben & Jerry's Enhances Governance to Uphold Social Mission
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 16 2025
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Should l Buy MICC?
Source: PRnewswire
- Governance Structure Enhancement: Ben & Jerry's announces plans to strengthen its board governance to ensure the continuation of its social mission established in 2000, aiming to enhance transparency and accountability, which will bolster the brand's influence in social progress.
- Board Member Adjustments: Under the new governance policy, three members who have served on the board for over nine years will be ineligible for re-election in 2026, a move designed to introduce fresh perspectives and ensure board vitality and innovation.
- Audit Findings Rectification: A recent audit of the Ben & Jerry's Foundation revealed significant deficiencies in financial controls and compliance policies, prompting the company to collaborate with the foundation to implement a more stringent governance framework to enhance long-term transparency and accountability.
- Ongoing Funding Commitment: Although the foundation's board declined continued funding proposals, Ben & Jerry's and its parent company TMICC are still prepared to evaluate alternative plans to ensure support for global charitable organizations remains unaffected, demonstrating their commitment to social responsibility.
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Analyst Views on MICC
Wall Street analysts forecast MICC stock price to rise
10 Analyst Rating
3 Buy
7 Hold
0 Sell
Moderate Buy
Current: 16.310
Low
15.82
Averages
16.92
High
19.20
Current: 16.310
Low
15.82
Averages
16.92
High
19.20
About MICC
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).
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Stock Market Decline: U.S. stock indexes experienced a decline on Thursday, with the overall market dropping by 2.03%.
- Sector Performance: The S&P 500 index fell by 1.57%, while the Dow Jones Industrial Average decreased by 1.34%.
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Earnings Report Impact: Magnum Ice Cream Co. shares experienced a decline following the release of its first earnings report after being separated from Unilever.
Spinoff Context: The earnings report marks a significant milestone for Magnum as it transitions from being part of a larger consumer-goods company to operating independently.
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- Financial Overview: Magnum Ice Cream Company reported a FY 2024 non-GAAP EPS of €0.93 and revenue of €7.9 billion, remaining flat year-over-year, indicating stability in the market but a lack of growth amidst increasing industry competition.
- Operating Profit Decline: The operating profit for FY 2024 was €599 million, down from the projected €764 million for FY 2025, primarily due to a planned net increase of €118 million in separation and restructuring costs, which will pressure future profitability.
- Adjusted EBITDA Margin: The FY 2025 adjusted EBITDA margin is expected to be 15.9%, down from 16.9% in FY 2024, mainly impacted by forex translation effects and previously allocated depreciation costs, which could affect the company's cash flow management.
- Market Reaction and Analyst Ratings: Despite Magnum Ice Cream's stock rallying to a post-Unilever separation high, analysts remain cautious about its future performance, suggesting a hold rating as the company may face short-term challenges ahead.
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- Strong Earnings Performance: Fastly reported earnings of $0.12 per share, surpassing analyst expectations of $0.06, indicating a significant improvement in profitability and boosting market confidence in future growth.
- Significant Revenue Growth: The quarterly revenue reached $172.61 million, exceeding Wall Street's estimate of $161.36 million and up from $140.58 million in the same period last year, demonstrating the company's robust performance amid recovering market demand.
- Stock Price Surge: Fastly's shares jumped 34.8% to $12.55 in pre-market trading, reflecting a positive investor reaction to the earnings report, which may attract more investor interest in its future developments.
- Increased Market Confidence: The strong earnings report not only enhances investor confidence but may also prompt analysts to revise their ratings and price targets for the company, potentially driving further stock price increases.
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- Stable Sales Performance: TMICC reported €7.9 billion in revenue for FY 2025, with a slight 0.5% decline in reported revenue due to forex impacts, yet achieved a robust 4.2% organic sales growth, indicating strong positioning in the global ice cream market.
- Operating Profit Decline: Operating profit fell to €599 million in 2025 from €764 million in 2024, primarily due to a planned increase of €118 million in separation and restructuring costs, reflecting challenges faced during the complex separation process.
- EBITDA and EBIT Metrics: Adjusted EBITDA stood at €1.255 billion with an EBIT margin of 11.6%, impacted by forex translation effects and cash costs related to Transitional Service Agreements, highlighting pressures on cost management.
- Cash Flow and Debt Position: Free cash flow dropped to €38 million from €803 million in 2024, largely due to significant cash outflows related to the demerger and interest costs on new loans, resulting in net debt rising to €2.967 billion.
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U.S. Stock Market Performance: Stock indexes in the U.S. closed higher on Monday, indicating a positive market trend.
Index Gains: The S&P 500 rose by 0.64%, the Dow Jones increased by 0.50%, and the Nasdaq gained 0.43%.
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