Magnum Ice Cream shares plunged as much as 16% after earnings guidance fell short of expectations
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Glonghui, February 12｜The stock price of Magnum ice cream company once fell by 16% on the Amsterdam market, as the company's performance guidance disappointed investors. Magnum expects organic sales growth for the new fiscal year to be between 3% and 5%. Last year, Magnum recorded 4.2% organic sales growth.
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