Brief: Mayr-Melnhof Karton FY Sales Eur 4.08 Bln

Mayr-Melnhof Karton AG

18/03/2025 07:07

March 18 (Reuters) - MAYR-MELNHOF KARTON AG MMKV.VI:

FY SALES EUR 4,079.6 MILLION VERSUS. IBES ESTIMATE EUR 4,137 MILLION

FY PRETAX PROFIT EUR 114.3 MILLION

FY PROFIT FOR PERIOD EUR 110.5 MILLION

FY EPS EUR 5.41

DIVIDEND INCREASE OF 20 % TO EUR 1.80/SHARE REFLECTS GROWTH IN EARNINGS PER SHARE

AIMS TO STRENGTHEN AND EXPAND ITS MARKET POSITION IN THREE DIVISIONS BY PURSUING COST, TECHNOLOGY AND INNOVATION LEADERSHIP IN CORE COMPETENCE AREAS OF PACKAGING AND CARTONBOARD

OBJECTIVE IS TO IMPROVE PROFITABILITY THROUGH COST MANAGEMENT AND STRUCTURAL OPTIMISATION MEASURE

CLOSING OF SALE OF TANN GROUP IS EXPECTED IN FIRST HALF OF 2025

AIM IS TO USE PROCEEDS FROM SALE TO REDUCE GROUP'S DEBT

CAPITAL EXPENDITURES IN 2025 WILL FOCUS PRIMARILY ON IMPROVING COMPETITIVENESS AND INCREASING SHARE OF RENEWABLE ENERGIES AND ARE EXPECTED TO AMOUNT TO AROUND EUR 300 MILLION

OUTLOOK 2025 MARKET DEMAND REMAINS WEAK DUE TO SUBDUED ECONOMIC OUTLOOK FOR MAIN EUROPEAN MARKETS

Source text: ID:nEQbPfXbha

Further company coverage: MMKV.VI

 (Gdansk Newsroom)

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