21st Austria weekly - Mayr-Melnhof Andritz ams Osram 20/11/2023 [pic1]Mayr-Melnhof: Due to uncompetitive wood prices from the Polish State Forests’ monopoly and low market demand across paper board products cartonboard group Mayr-Melnhof decided significantly reduce planned multiannual strategic investment project at MM Kwidzyn relating energy further pulp integration product range which was announced end of April 2023. Instead will focus its investments on increasing already high share renewable energy currently 69 % even further. In addition company has entered in consultations with trade unions work council a potential closure small packaging kraft machine PM 3 reorganisation may include collective dismissal around 110 employees.Mayr-Melnhof: performance: -3.62% Andritz: Brazilian producer Suzano
21st Austria weekly - Mayr-Melnhof Polytec Austrian Post Semperit DO&CO Wienerberger 10/08/2023 [pic1]Mayr-Melnhof: Cartonboard and packaging group Mayr-Melnhof reportes half-year results for 2023. The Group s consolidated sales of EUR 2 181.4 million were slightly below the previous year s figure 1st half 2022: 2 218.5 million. A primarily volume-related decline in division MM Board & Paper was offset by an acquisition- price-related increase Packaging. Operating profit decreased 181.0 from 285.0 to 104.0 million. This extensive market- capex-related downtime at Paper. Group’s operating margin therefore 4.8 % 12.8 %. Peter
21st Austria weekly - Mayr-Melnhof voestalpine Bawag 25/04/2023 [pic1]Mayr-Melnhof: Carton board group Mayr-Melnhof MM increased consolidated sales by 5.8 % to EUR 1 122.1 million 1Q 2022: 1 060.4 million. This increase results mainly acquisition-related from the division MM Packaging. At 61.6 million operating profit was 49.5 below comparable figure of previous year 111.1 decline is primarily due market- and rebuild-related downtimes in Board & Paper restructuring expenses amount 15.5 Packaging division. Peter Oswald CEO
21st Austria weekly - Mayr-Melnhof Semperit 16/12/2022 [pic1]Mayr-Melnhof: 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 governmental authorities. selling price amounts approximately Euro134 mn. In 2021 plants generated combined sales of Euro 124 transaction is expected have a neutral impact on MM’s net profit.Mayr-Melnhof:
21st Austria weekly - MM OMV Vienna Airport S Immo 03/10/2022 [pic1]Mayr-Melnhof: The Mayr-Melnhof Group MM has successfully finalized the acquisition of Essentra Packaging after receiving approval from all relevant competition authorities. Through this acquisition MM Packaging expands its cartons leaflets and labels activities for resilient profitable Healthcare & Pharma market creating a platform further growth. Peter Oswald CEO Group