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 [ … ]

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 [ … ]

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 [ … ]

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 [ … ]

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  [ … ]

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 [ … ]

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 [ … ]

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 [ … ]