Mayr-Melnhof Karton AG/€MMK

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About Mayr-Melnhof Karton AG

Mayr-Melnhof Karton AG operates in the packaging and paper industry, focusing on the production of cartonboard and fiber-based packaging solutions. The company's core business involves manufacturing recycled cartonboard, which is used primarily for packaging consumer goods, along with coated and uncoated grades for graphical applications. Founded in 1950 and headquartered in Vienna, Austria, Mayr-Melnhof Karton AG has expanded its geographic footprint across Europe and other regions, establishing a strong presence in various markets. The company is known for its emphasis on sustainability and innovation in recycling processes, bolstered by its integrated supply chain and extensive production capacity in both cartonboard and packaging segments. These strategic components contribute to its competitive positioning in a globally diversified industry.

Ticker

€MMK
Sector

Primary listing

VSE

Employees

13,804

Headquarters

Vienna, Austria

MMK Metrics

BasicAdvanced
€1.6B
6.85
€11.85
0.54
€1.80
2.22%

Bulls say / Bears say

The dividend was increased by 20% to €1.80 per share for FY 2024, reflecting strong cash generation and management’s confidence in sustainable earnings growth (Reuters).
FY 2024 net profit rose 24.1% year-on-year to €110.5 million, with EPS up 24.1% to €5.41, demonstrating resilience even as sales fell by 2.0% (Reuters).
Capital expenditures for 2025 are targeted at around €300 million to enhance competitiveness and increase the share of renewable energy, highlighting a strategic commitment to sustainable growth (Reuters).
The company warns that market demand in its main European markets will remain weak in 2025 due to a subdued economic outlook, signaling potential ongoing revenue pressure (Reuters).
Management plans to use proceeds from the TANN Group sale to reduce debt, suggesting that leverage flexibility may be limited by previous acquisitions and capital structure (Reuters).
The planned €300 million capital expenditure for 2025, during a period of soft end-market demand, could constrain free cash flow and slow the pace of further deleveraging (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 31 Aug 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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