{"id":100183,"date":"2025-03-25T10:07:28","date_gmt":"2025-03-25T09:07:28","guid":{"rendered":"https:\/\/packaging-journal.de\/?p=100183"},"modified":"2025-03-21T14:07:53","modified_gmt":"2025-03-21T13:07:53","slug":"mayr-melnhof-defies-economic-challenges-in-2024","status":"publish","type":"post","link":"https:\/\/packaging-journal.de\/en\/mayr-melnhof-trotzt-2024-wirtschaftlichen-herausforderungen\/","title":{"rendered":"Mayr-Melnhof defies economic challenges in 2024"},"content":{"rendered":"

Mayr-Melnhof Karton AG (MM) defies economic challenges in 2024. While the packaging divisions deliver solid results, the Board & Paper division remains burdened by low prices.<\/strong><\/p>\n

Mayr-Melnhof Karton AG (MM) was able to hold its own in 2024 despite persistently weak consumption and intense competition. While the MM Food & Premium Packaging Division showed a stable performance thanks to productivity increases and cost reductions, MM Pharma & Healthcare Packaging was under pressure from weaker demand and new machine start-ups.<\/p>\n

The Board & Paper division<\/strong> was able to increase its sales volume, but was burdened by falling prices and higher raw material costs. Nevertheless, the company kept its earnings situation stable through strategic measures.<\/p>

\"\"<\/a><\/div><\/div>\n

Key financial figures 2024<\/strong><\/p>\n

    \n
  • Turnover<\/strong>4.08 billion (-2.0 % compared to 2023)<\/li>\n
  • Adjusted EBITDA<\/strong>418.5 million (-7.0 %)<\/li>\n
  • Adjusted EBITDA margin<\/strong>10.3 % (2023: 10.8 %)<\/li>\n
  • Adjusted operating result<\/strong>190.0 million (-17.1 %)<\/li>\n
  • Net income for the year<\/strong>110.5 million (+24.1 %)<\/li>\n
  • Dividend<\/strong>Increase of 20 % to \u20ac 1.80 per share<\/li>\n<\/ul>\n

    Measures to increase yield<\/strong><\/p>\n

    In order to meet the economic challenges, MM is relying on a Profit & Cash Protection Programme<\/strong>, which includes:<\/p>\n

      \n
    • Reduction in working capital<\/strong><\/li>\n
    • Targeted investment cuts<\/strong><\/li>\n
    • Cost efficiency measures<\/strong> to strengthen competitiveness<\/li>\n<\/ul>\n

      Focus on sustainability<\/strong><\/p>\n

      A significant step forward is the Reduction of CO\u2082 emissions by 35 %<\/strong> compared to the previous year. This was due to increased use of renewable energies and improved energy efficiency measures<\/strong> achieved.<\/p>\n

      Development in the business divisions<\/strong><\/p>\n

      MM Food & Premium Packaging<\/p>\n

        \n
      • Stable demand in the food and cosmetics sectors<\/li>\n
      • Production volume: 3.1 billion m\u00b2 (+2.5 %)<\/li>\n
      • Operating result: \u20ac 179.4 million (-16.5 %)<\/li>\n
      • Adjusted operating margin: 10.5 %<\/li>\n<\/ul>\n

        MM Pharma & Healthcare Packaging<\/p>\n

          \n
        • Decline in demand for pharmaceutical packaging<\/li>\n
        • Operating result: \u20ac 29.8 million (-12.5 %)<\/li>\n
        • Production volume: 918 million m\u00b2 (-4.2 %)<\/li>\n<\/ul>\n

          MM Board & Paper<\/p>\n

            \n
          • Sales volume increased by 16.7 % to 3.15 million tonnes<\/li>\n
          • Price declines lead to negative impact on earnings<\/li>\n
          • Adjusted operating result: \u20ac -19.2 million<\/li>\n<\/ul>\n

            Outlook 2025<\/strong><\/p>\n

            For 2025, MM expects a Persistently challenging market situation<\/strong>, however, is planning to Innovations, substitution of plastic packaging and efficiency improvements<\/strong> strengthen its competitive position.<\/p>\n

            A comprehensive Fit-for-Future\u201e efficiency enhancement programme\u201c<\/strong> is being rolled out in order to improve profitability. In addition, investments of around 300 million \u20ac<\/strong> planned for renewable energies and competitiveness.<\/p>\n

            Source:\u00a0<\/em>Mayr-Melnhof Karton AG<\/p>","protected":false},"excerpt":{"rendered":"Decline in demand for pharmaceutical packaging.","protected":false},"author":300,"featured_media":100188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"__cvm_playback_settings":[],"__cvm_video_id":"","rank_math_description":"","rank_math_focus_keyword":"Mayr-Melnhof","rank_math_title":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[114],"tags":[38,32,1487,40],"class_list":{"0":"post-100183","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aus-den-unternehmen-news","8":"tag-lebensmittel","9":"tag-packmittel-und-packstoffe","10":"tag-papier-pappe-karton","11":"tag-pharma-kosmetik-chemie","12":"cs-entry","13":"cs-video-wrap"},"acf":[],"vimeo_video":null,"_links":{"self":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/100183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/users\/300"}],"replies":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/comments?post=100183"}],"version-history":[{"count":0,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/100183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media\/100188"}],"wp:attachment":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media?parent=100183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/categories?post=100183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/tags?post=100183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}