Mayr-Melnhof Karton AG · ISIN: AT0000938204 · EQS - Company News

MM Group expands Management Board

The Supervisory Board of Mayr-Melnhof Karton AG (MM) has appointed Niels Flierman (49), as new member of the Management Board for a three-year period starting January 2025. Up to now, Niels has headed the Paper & Recycling division of DS Smith, a worldwide leading provider of sustainable fibre-based packaging headquartered in London, and has been a member of the Group Executive Team. At MM he will be responsible for the MM Board & Paper division, which will ensure a well-balanced and str...

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Corporate News Mayr-Melnhof Karton AG

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11 November 2024 01:00PM
MM Group expands Management Board
The Supervisory Board of Mayr-Melnhof Karton AG (MM) has appointed Niels Flierman (49), as new member of the Management Board for a three-year period starting January 2025. Up to now, Niels has headed the Paper & Recycling division of DS Smith, a worldwide leading provider of sustainable fibre-based packaging headquartered in London, and has be...
Mayr-Melnhof Karton AG
07 November 2024 08:00AM
MM reports results for the first three quarters of 2024
3rd quarter affected by annual maintenance downtime at Board & Paper Packaging divisions with continued solid performance Board & Paper despite significant volume increase affected by lower prices and higher costs Effects of targeted cartonboard price increases and consistent cost savings expected by 2025 Consumer restraint continues in...
Mayr-Melnhof Karton AG
22 August 2024 08:00AM
MM reports half-year results for 2024
Q2 ahead of Q2 2023 Half-year financial results below previous year due to pricing Cash flow significantly improved Strong volume increase in Board & Paper For more transparency Packaging from now on reported as two divisions: MM Food & Premium Packaging and MM Pharma & Healthcare Packaging Solid performance in Packaging divisions...
Mayr-Melnhof Karton AG
23 April 2024 08:00AM
MM reports first quarter 2024 results
Result below previous year as expected Significant volume growth at MM Board & Paper Continuity at a good level at MM Packaging Weak consumption continues to weigh on end markets Pressure on margins carries on Successful profit & cash protection programme will be continued Sales price development decisive for earnings situation in 202...
Mayr-Melnhof Karton AG
28 March 2024 08:00AM
Peter Oswald reappointed as Chairman of the Management Board and CEO. Management Board expanded to include Packaging Manager Roman Billiani.
The Supervisory Board of Mayr-Melnhof Karton AG has unanimously reappointed Peter Oswald (61) as Chairman of the Management Board and CEO until May 31, 2029 following his first period of office, which expires on March 31, 2025. At the same time, the Management Board, which currently includes CFO Franz Hiesinger (58) alongside him, will be expanded ...
Mayr-Melnhof Karton AG
20 March 2024 12:35PM
MM Group on CDP Supplier Engagement Leaderboard
Based on data reported through CDP’s 2023 Climate Change, Forests and Water Security questionnaires, the MM Group is one of only 10 companies worldwide that achieved a triple ‘A’, out of over 21,000 companies scored in 2023. CDP’s annual Supplier Engagement Rating (SER) evaluates corporate supply chain engagement on climate issues. The highest-rat...
Mayr-Melnhof Karton AG
12 March 2024 07:58AM
MM reports Annual Results 2023
Earnings as expected below previous year’s record level Sharp decline in demand and significant market- and capex-related downtime at MM Board & Paper weigh on results Strong profit performance at MM Packaging Comprehensive modernisation programme to increase competitiveness of MM Board & Paper implemented Successful integration of last...
Mayr-Melnhof Karton AG
06 February 2024 11:00AM
MM Group recognised with triple ‘A’ CDP score for transparency on Climate Change, Forests and Water Security
The MM Group has been recognised for leadership in corporate transparency and performance on climate change, forests and water security by global environmental non-profit CDP. Based on data reported through CDP’s 2023 Climate Change, Forests and Water Security questionnaires, the MM Group is one of only 10 companies that achieved a triple ‘A’, out...
Mayr-Melnhof Karton AG
20 November 2023 12:27PM
Reduction of strategic investment and increase in share of renewable energy at MM Kwidzyn, Poland
Due to uncompetitive wood prices from the Polish State Forests’ monopoly and low market demand across paper and board products, the company decided to significantly reduce the planned multiannual strategic investment project at MM Kwidzyn relating to energy, further pulp integration and the product range, which was announced end of April 2023. Inst...
Mayr-Melnhof Karton AG
07 November 2023 08:00AM
MM reports results for the first three quarters of 2023
3Q operating profit above previous quarter but well below previous year Solid performance at MM Packaging Market- and capex-related volume decline continued to weigh on results of MM Board & Paper General conditions remain tight as a result of inflation-related consumption restraint and the macroeconomic slowdown No immediate recovery in si...
Mayr-Melnhof Karton AG
10 August 2023 08:00AM
MM reports half-year results for 2023
Results below previous year as expected Growth in pharma packaging due to previous year’s acquisitions Inflation-related restraint in consumer spending weighs on end markets Strong decline in volumes at MM Board & Paper related to market demand and capex No recovery in 3Q foreseeable Profit and cash protection program initiated Adaptation...
Mayr-Melnhof Karton AG
20 June 2023 07:01PM
MM Group with an expected decline in 1st half-year 2023 earnings
The Mayr-Melnhof Group (MM) expects for the 1st half of 2023 an operating profit in the range of EUR 90 to 110 million after EUR 285 million in the 1st half of 2022. This decline is mainly due to weak sales volumes in our division MM Board & Paper, which we had already cautioned about earlier this year. The historically unusual volume decline ...
Mayr-Melnhof Karton AG
20 June 2023 07:01PM
Mayr-Melnhof Karton AG: MM Group with an expected decline in 1st half-year 2023 earnings
The Mayr-Melnhof Group (MM) expects for the 1st half of 2023 an operating profit in the range of EUR 90 to 110 million after EUR 285 million in the 1st half of 2022. This decline is mainly due to weak sales volumes in our division MM Board & Paper, which we had already cautioned about earlier this year. The historically unusual volume decline ...
Mayr-Melnhof Karton AG
26 April 2023 05:48PM
Mayr-Melnhof Karton AG: Strategic investment at MM Kwidzyn, Poland
The MM Group (MM) has approved a comprehensive investment project to increase the long-term competitiveness of its largest board and paper mill, MM Kwidzyn in Poland. Energy and CO2 cost reduction, pulp integration and entry into the market for sack kraft papers are to set the mill up for sustainable future success. The investment project of aroun...
Mayr-Melnhof Karton AG
26 April 2023 05:48PM
Strategic investment at MM Kwidzyn, Poland
The MM Group (MM) has approved a comprehensive investment project to increase the long-term competitiveness of its largest board and paper mill, MM Kwidzyn in Poland. Energy and CO2 cost reduction, pulp integration and entry into the market for sack kraft papers are to set the mill up for sustainable future success. The investment project of aroun...
Mayr-Melnhof Karton AG
25 April 2023 08:00AM
Mayr-Melnhof Karton AG: MM reports results for the first quarter of 2023
Results below previous year’s period as expected Sales growth due to acquisitions of the previous year in the pharma packaging sector Capex- and market-related significantly lower volume at MM Board & Paper High customer inventory levels and weaker purchasing power weigh on demand Group Key indicators - IFRS Consolidated, in millions of EUR...
Mayr-Melnhof Karton AG
25 April 2023 08:00AM
MM reports results for the first quarter of 2023
Results below previous year’s period as expected Sales growth due to acquisitions of the previous year in the pharma packaging sector Capex- and market-related significantly lower volume at MM Board & Paper High customer inventory levels and weaker purchasing power weigh on demand Group Key indicators - IFRS Consolidated, in millions of EUR...
Mayr-Melnhof Karton AG
14 March 2023 08:00AM
MM reports Annual Results 2022
MM Group grows strongly – strategic moves show success Sales EUR 4.7 billion (+53 %) Operating profit EUR 510 million (+89 %) Profit for the year EUR 345 million (+81 %) Solid financing: Net debt/EBITDA 2.0 Dividend proposal: EUR 4.20/share (+20 %) Weak order situation in 1Q 2023 Group Key indicators - IFRS Consolidated, in millions of EUR ...
Mayr-Melnhof Karton AG
14 March 2023 08:00AM
Mayr-Melnhof Karton AG: MM reports Annual Results 2022
MM Group grows strongly – strategic moves show success Sales EUR 4.7 billion (+53 %) Operating profit EUR 510 million (+89 %) Profit for the year EUR 345 million (+81 %) Solid financing: Net debt/EBITDA 2.0 Dividend proposal: EUR 4.20/share (+20 %) Weak order situation in 1Q 2023 Group Key indicators - IFRS Consolidated, in millions of EUR ...
Mayr-Melnhof Karton AG
13 March 2023 03:58PM
Mayr-Melnhof Karton AG: Change in the Supervisory Board
Chairman of the Supervisory Board Rainer Zellner resigns, Wolfgang Eder nominated as successor At the end of the 29th Annual General Meeting on April 26, 2023, Rainer Zellner (76) will resign from his position as Chairman of the Supervisory Board of Mayr-Melnhof Karton AG as well as from his Supervisory Board mandate due to age. The Supervisory B...
Mayr-Melnhof Karton AG
13 March 2023 03:58PM
Change in the Supervisory Board
Chairman of the Supervisory Board Rainer Zellner resigns, Wolfgang Eder nominated as successor At the end of the 29th Annual General Meeting on April 26, 2023, Rainer Zellner (76) will resign from his position as Chairman of the Supervisory Board of Mayr-Melnhof Karton AG as well as from his Supervisory Board mandate due to age. The Supervisory B...
Mayr-Melnhof Karton AG
19 December 2022 12:00PM
Mayr-Melnhof Karton AG: MM Group awarded an “A-rating” in CDP climate rating
The MM Group (Mayr-Melnhof Karton AG) has been recognized for leadership in corporate transparency and performance on climate change by the global environmental non-profit charity CDP, securing a place on its annual “A List”. Based on data reported through CDP’s 2022 Climate Change questionnaire, MM is one of a small number of companies1) that ach...
Mayr-Melnhof Karton AG
19 December 2022 12:00PM
MM Group awarded an “A-rating” in CDP climate rating
The MM Group (Mayr-Melnhof Karton AG) has been recognized for leadership in corporate transparency and performance on climate change by the global environmental non-profit charity CDP, securing a place on its annual “A List”. Based on data reported through CDP’s 2022 Climate Change questionnaire, MM is one of a small number of companies1) that ach...
Mayr-Melnhof Karton AG
16 December 2022 09:45AM
Mayr-Melnhof Karton AG: MM Packaging divests production sites in Russia
The Mayr-Melnhof Group (MM) has sold its two Packaging sites in Russia, St. Petersburg and Pskov, to the local investor Granelle following approval by the governmental authorities. The selling price amounts to approx. EUR 134 million. In 2021, the plants generated combined sales of approx. EUR 124 million. The transaction is expected to have a neut...
Mayr-Melnhof Karton AG
16 December 2022 09:45AM
MM Packaging divests production sites in Russia
The Mayr-Melnhof Group (MM) has sold its two Packaging sites in Russia, St. Petersburg and Pskov, to the local investor Granelle following approval by the governmental authorities. The selling price amounts to approx. EUR 134 million. In 2021, the plants generated combined sales of approx. EUR 124 million. The transaction is expected to have a neut...
Mayr-Melnhof Karton AG
03 November 2022 08:00AM
Mayr-Melnhof Karton AG: MM reports results for the first three quarters of 2022
Solid performance also in the 3rd quarter Growth strategy for Packaging executed Preserving profitability – priority in a slowing overall economy Group Key indicators - IFRS Consolidated, in millions of EUR 1-3Q/2022 1-3Q /2021 +/- Sales 3,450.4 2,107.1 +63.7 % EBITDA 591.2 283.0 +109.0 % Operating Profit 452...
Mayr-Melnhof Karton AG
03 November 2022 08:00AM
MM reports results for the first three quarters of 2022
Solid performance also in the 3rd quarter Growth strategy for Packaging executed Preserving profitability – priority in a slowing overall economy Group Key indicators - IFRS Consolidated, in millions of EUR 1-3Q/2022 1-3Q /2021 +/- Sales 3,450.4 2,107.1 +63.7 % EBITDA 591.2 283.0 +109.0 % Operating Profit 452...
Mayr-Melnhof Karton AG
13 October 2022 01:50PM
Mayr-Melnhof Karton AG: Andreas Blaschke resigns from the Management Board
Andreas Blaschke (61) will resign from his mandate to the Management Board at the end of October 2022 after 21 years on the Board and 31 years of service to the MM Group. On the Management Board of Mayr-Melnhof Karton AG, Andreas was responsible for the MM Packaging division. “Over more than three decades, Andreas Blaschke contributed with skill, ...
Mayr-Melnhof Karton AG
13 October 2022 01:50PM
Andreas Blaschke resigns from the Management Board
Andreas Blaschke (61) will resign from his mandate to the Management Board at the end of October 2022 after 21 years on the Board and 31 years of service to the MM Group. On the Management Board of Mayr-Melnhof Karton AG, Andreas was responsible for the MM Packaging division. “Over more than three decades, Andreas Blaschke contributed with skill, ...
Mayr-Melnhof Karton AG
02 October 2022 09:00AM
Mayr-Melnhof Karton AG: Acquisition of Essentra Packaging successfully completed
MM Packaging becomes a global player in secondary Healthcare & Pharma packaging The Mayr-Melnhof Group (MM) has successfully finalized the acquisition of Essentra Packaging which was agreed in June 2022, after receiving approval from all relevant competition authorities. The transaction comprises of 100% of the shares in ESNT Packaging & ...
Mayr-Melnhof Karton AG
02 October 2022 09:00AM
Acquisition of Essentra Packaging successfully completed
MM Packaging becomes a global player in secondary Healthcare & Pharma packaging The Mayr-Melnhof Group (MM) has successfully finalized the acquisition of Essentra Packaging which was agreed in June 2022, after receiving approval from all relevant competition authorities. The transaction comprises of 100% of the shares in ESNT Packaging & ...
Mayr-Melnhof Karton AG
11 August 2022 08:01AM
MM reports half-year results for 2022
Strong demand for sustainable, fiber-based packaging Growth strategy and improvement of operational efficiency on track Development in the 2nd half-year hard to predict due to instabilities of supply chains and necessary adjustment measures Group Key indicators - IFRS Consolidated, in millions of EUR 1st HY/2022 1st HY/2021 +/- Sales...
Mayr-Melnhof Karton AG
11 August 2022 08:01AM
Mayr-Melnhof Karton AG: MM reports half-year results for 2022
Strong demand for sustainable, fiber-based packaging Growth strategy and improvement of operational efficiency on track Development in the 2nd half-year hard to predict due to instabilities of supply chains and necessary adjustment measures Group Key indicators - IFRS Consolidated, in millions of EUR 1st HY/2022 1st HY/2021 +/- Sales...
Mayr-Melnhof Karton AG
24 June 2022 08:02AM
Acquisition of Essentra Packaging to position MM as a leading global pharma packaging producer
Proposed acquisition expands MM Packaging’s cartons, leaflets and labels activities for the pharma and health market creating an attractive platform for further growth Mayr-Melnhof Group (MM) has agreed to acquire Essentra Packaging (100% of the shares in ESNT Packaging & Securing Solutions Limited (UK) and its affiliated companies, as well a...
Mayr-Melnhof Karton AG
24 June 2022 08:00AM
Mayr-Melnhof Group acquires Essentra Packaging
Mayr-Melnhof Group (MM) has agreed to acquire Essentra Packaging (100% of the shares in ESNT Packaging & Securing Solutions Limited (UK) and its affiliated companies, as well as 100% of the shares in Essentra Packaging US Inc (US)) from Essentra plc (UK) for a cash and debt free consideration of GBP 312 million (currently approx. EUR 365 millio...
Mayr-Melnhof Karton AG
14 June 2022 07:04PM
MM Group with an expected increase in 2nd quarter and 1st half-year 2022 earnings
The Mayr-Melnhof Group (MM) expects for the 2nd quarter of 2022 an operating profit in the range of EUR 150 to 200 million (2Q 2021: EUR 31 million) after EUR 111 million in the 1st quarter of 2022 (1Q 2021: EUR 61 million). For the 2022 1st half-year this translates to a probable operating profit in the range of EUR 260 to 310 million (1st half of...
Mayr-Melnhof Karton AG
26 April 2022 08:00AM
Mayr-Melnhof Karton AG: Results for the first quarter of 2022
Margins restored Significant growth due to previous year's acquisitions Strong demand and high capacity utilization in both divisions Persisting input cost increase passed through Growth strategy for Packaging advanced The MM Group succeeded in catching up again in margins in the 1st quarter of 2022, after cost inflation-related pressure in pre...
Mayr-Melnhof Karton AG
22 April 2022 09:00AM
Mayr-Melnhof Karton AG: Science-based climate targets of MM officially confirmed
The Mayr-Melnhof Karton AG (MM Group) has committed itself to a reduction of greenhouse gas emissions in line with climate science. The ambitious targets have now been officially approved by the Science Based Targets initiative (SBTi). MM consolidates its leadership status in terms of sustainability. At MM, we focus on economic and technical progr...
Mayr-Melnhof Karton AG
11 April 2022 08:45AM
Mayr-Melnhof Karton AG: Acquisition of leading Nordic pharma packaging group - Eson Pac
MM advances on its growth strategy for Packaging The Mayr-Melnhof Group (MM) acquired 100% of the shares in Eson Pac, headquartered in Veddige, Sweden, from the majority shareholder Nalka Invest AB as well as family and management minority shareholders. With total sales of about EUR 48 million, Eson Pac develops, produces and distributes high-qu...
Mayr-Melnhof Karton AG
29 March 2022 08:00AM
Mayr-Melnhof Karton AG: Invitation to the General Meeting according to art. 107 para. 3 Companies Act
Mayr-Melnhof Karton Aktiengesellschaft Vienna, Commercial Register No. 81906 a ISIN AT0000938204 ("Company")Convening of the 28th Ordinary Shareholders' Meeting Mayr-Melnhof Karton Aktiengesellschaft for 10:00 am, CEST, on Wednesday, April 27th, 2022 Location of the Shareholders' Meeting as set out in Section 106 (1) of the Austrian Stock Corporati...
Mayr-Melnhof Karton AG
15 March 2022 07:55AM
Mayr-Melnhof Karton AG: Annual Results 2021
Significant increase in sales and profit Strategic acquisitions Kwidzyn and Kotkamills integrated Dividend increase to EUR 3.50/share proposed Strong demand at Board & Paper and Packaging Massive input cost inflation passed on gradually Strategic focus on increased competitiveness, growth and profitability The MM Group was able to overall ...
Mayr-Melnhof Karton AG
07 September 2020 10:55AM
Mayr-Melnhof Karton AG: Realignment of cartonboard and folding carton production at the Hirschwang site
A comprehensive examination of the framework conditions has shown that it is not possible to continue production economically on the board machine in Hirschwang, Lower Austria. The age and design of the machine (year of construction 1952) as well as increased market requirements are hurdles to the continuation. This will affect 150 employees, and t...
Mayr-Melnhof Karton AG
20 August 2020 08:00AM
Mayr-Melnhof Karton AG: Results for the 1st Half-Year 2020
Solid business performance Operating profit slightly below previous year Focus on optimizing structural costs and deepening market penetration through innovation and product portfolio adjustments Earnings in 2nd half-year expected to be further below previous year The Mayr-Melnhof Group recorded an overall solid operating business performance al...
Mayr-Melnhof Karton AG
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