Magnum reports full-year net profit drop in first results since Unilever ice cream spinoff

LONDON, Feb 12 (Reuters) - The Magnum ‌Ice Cream ‌Company reported a 48.4% ​drop in full-year net profit on Thursday, driven ‌by ⁠separation, restructuring and finance costs ⁠as the company finalised ​its ​spinoff ​from Unilever ‌to list in December.

Net profit fell to 307 million euros ($364.3 million) ‌last year ​from ​595 ​million euros ‌in 2024, the ​company ​said in a statement.

($1 = 0.8428 ​euros)

(Reporting ‌by Alexander Marrow, ​Editing by ​Louise Heavens)