Aankondiging • Mar 18
Mayr-Melnhof Karton AG announces Annual dividend, payable on May 13, 2026 Mayr-Melnhof Karton AG announced Annual dividend of EUR 2.0000 per share payable on May 13, 2026, ex-date on May 06, 2026 and record date on May 07, 2026. Aankondiging • Mar 10
Mayr-Melnhof Karton AG to Report Fiscal Year 2025 Final Results on Apr 08, 2026 Mayr-Melnhof Karton AG announced that they will report fiscal year 2025 final results on Apr 08, 2026 Aankondiging • Feb 07
Mayr-Melnhof Karton AG Provides Earnings Guidance for the Financial Year 2025 Mayr-Melnhof Karton AG provided earnings guidance for the financial year 2025. For the year, the annual valuation of assets in accordance with IFRS for the MM Group has resulted in a projected non-cash asset impairment of EUR 65 – 75 million for the financial year 2025. The impairment impacts the profit for the financial year 2025, which is projected at EUR 74 – 90 million (operating profit in accordance with IFRS EUR 215 – 235 million). Aankondiging • Dec 09
Mayr-Melnhof Karton AG, Annual General Meeting, Apr 29, 2026 Mayr-Melnhof Karton AG, Annual General Meeting, Apr 29, 2026. Reported Earnings • Aug 22
Second quarter 2025 earnings released: EPS: €7.21 (vs €1.30 in 2Q 2024) Second quarter 2025 results: EPS: €7.21 (up from €1.30 in 2Q 2024). Revenue: €987.4m (down 3.1% from 2Q 2024). Net income: €143.8m (up 454% from 2Q 2024). Profit margin: 15% (up from 2.5% in 2Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Aankondiging • Jun 03
Evergreen Hill Enterprise Pte. Ltd. acquired Tannpapier Gmbh from Mayr-Melnhof Karton AG (WBAG:MMK). Evergreen Hill Enterprise Pte. Ltd. agreed to acquire Tannpapier Gmbh from Mayr-Melnhof Karton AG (WBAG:MMK) for an enterprise value of €360 million on December 18, 2024. Tannpapier Gmbh comprises 7 production sites in Austria, China, the Philippines, Turkey, Canada and Germany and a global workforce of around 730 employees, who will join Evergreen Hill Enterprise, Pte. Ltd. For the period ending December 31, 2023, Tannpapier Gmbh reported total revenue of €220 million. The transaction, which is subject to usual completion conditions and regulatory approvals, is expected to be closed in the first quarter of 2025. Jefferies acted as financial advisor to Evergreen Hill in the transaction. Florian Khol and Christoph Schober, Clemens Willvonseder, Stefan Tiefenthaler, Regina Kröll of BINDER GRÖSSWANG Rechtsanwälte GmbH act as legal advisor for Mayr-Melnhof Karton AG.
Evergreen Hill Enterprise Pte. Ltd. completed the acquisition of Tannpapier Gmbh from Mayr-Melnhof Karton AG (WBAG:MMK) on June 2, 2025. Christian Ritschka of Dorda Brugger Jordis Rechtsanwälte GmbH act as legal advisor for Evergreen Hill Enterprise Pte. Ltd. Aankondiging • Mar 20
Mayr-Melnhof Karton AG announces Annual dividend, payable on May 14, 2025 Mayr-Melnhof Karton AG announced Annual dividend of EUR 1.8000 per share payable on May 14, 2025, ex-date on May 07, 2025 and record date on May 08, 2025. Aankondiging • Mar 12
Mayr-Melnhof Karton AG to Report Fiscal Year 2024 Final Results on Apr 09, 2025 Mayr-Melnhof Karton AG announced that they will report fiscal year 2024 final results at 11:30 AM, Central European Standard Time on Apr 09, 2025 Aankondiging • Jan 27
Mayr-Melnhof Karton AG, Annual General Meeting, Apr 30, 2025 Mayr-Melnhof Karton AG, Annual General Meeting, Apr 30, 2025. Aankondiging • Dec 20
Evergreen Hill Enterprise Pte. Ltd. agreed to acquire Tannpapier Gmbh from Mayr-Melnhof Karton AG (WBAG:MMK) for an enterprise value of €360 million. Evergreen Hill Enterprise Pte. Ltd. agreed to acquire Tannpapier Gmbh from Mayr-Melnhof Karton AG (WBAG:MMK) for an enterprise value of €360 million on December 18, 2024. Tannpapier Gmbh comprises 7 production sites in Austria, China, the Philippines, Turkey, Canada and Germany and a global workforce of around 730 employees, who will join Evergreen Hill Enterprise, Pte. Ltd.
For the period ending December 31, 2023, Tannpapier Gmbh reported total revenue of €220 million.
The transaction, which is subject to usual completion conditions and regulatory approvals, is expected to be closed in the first quarter of 2025. New Risk • Nov 08
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.2% net profit margin). Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: €1.30 (vs €1.41 in 2Q 2023) Second quarter 2024 results: EPS: €1.30 (down from €1.41 in 2Q 2023). Revenue: €1.02b (down 3.8% from 2Q 2023). Net income: €26.0m (down 7.3% from 2Q 2023). Profit margin: 2.5% (in line with 2Q 2023). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 26
Upcoming dividend of €1.50 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.5%). New Risk • Apr 24
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: €0.52 (vs €1.71 in 1Q 2023) First quarter 2024 results: EPS: €0.52 (down from €1.71 in 1Q 2023). Revenue: €1.03b (down 8.7% from 1Q 2023). Net income: €10.9m (down 68% from 1Q 2023). Profit margin: 1.1% (down from 3.1% in 1Q 2023). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 13% per year. Upcoming Dividend • Apr 23
Upcoming dividend of €1.50 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 08 May 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.4%). Declared Dividend • Mar 28
Dividend of €1.50 announced Shareholders will receive a dividend of €1.50. Ex-date: 30th April 2024 Payment date: 8th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 105% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 13
Full year 2023 earnings released: EPS: €4.36 (vs €17.19 in FY 2022) Full year 2023 results: EPS: €4.36 (down from €17.19 in FY 2022). Revenue: €4.16b (down 11% from FY 2022). Net income: €89.1m (down 74% from FY 2022). Profit margin: 2.1% (down from 7.3% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 2 years, compared to a 2.7% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Aankondiging • Mar 07
Mayr-Melnhof Karton AG to Report Fiscal Year 2023 Final Results on Apr 03, 2024 Mayr-Melnhof Karton AG announced that they will report fiscal year 2023 final results at 8:30 AM, Central European Standard Time on Apr 03, 2024 Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: €1.38 (vs €5.43 in 3Q 2022) Third quarter 2023 results: EPS: €1.38 (down from €5.43 in 3Q 2022). Revenue: €1.02b (down 18% from 3Q 2022). Net income: €27.6m (down 75% from 3Q 2022). Profit margin: 2.7% (down from 8.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Aankondiging • Aug 11
Mayr-Melnhof Karton AG, Annual General Meeting, Apr 24, 2024 Mayr-Melnhof Karton AG, Annual General Meeting, Apr 24, 2024. New Risk • Aug 11
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.3% Last year net profit margin: 8.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.3% net profit margin). Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: €1.41 (vs €6.29 in 2Q 2022) Second quarter 2023 results: EPS: €1.41 (down from €6.29 in 2Q 2022). Revenue: €1.06b (down 8.5% from 2Q 2022). Net income: €29.0m (down 77% from 2Q 2022). Profit margin: 2.7% (down from 11% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Apr 26
Upcoming dividend of €4.20 per share at 2.9% yield Eligible shareholders must have bought the stock before 03 May 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (3.2%). Reported Earnings • Mar 15
Full year 2022 earnings released: EPS: €17.19 (vs €9.46 in FY 2021) Full year 2022 results: EPS: €17.19 (up from €9.46 in FY 2021). Revenue: €4.68b (up 53% from FY 2021). Net income: €345.2m (up 83% from FY 2021). Profit margin: 7.4% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: €5.43 (vs €3.30 in 3Q 2021) Third quarter 2022 results: EPS: €5.43 (up from €3.30 in 3Q 2021). Revenue: €1.23b (up 51% from 3Q 2021). Net income: €108.6m (up 65% from 3Q 2021). Profit margin: 8.8% (up from 8.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Packaging industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: €6.28 (vs €0.89 in 2Q 2021) Second quarter 2022 results: EPS: €6.28 (up from €0.89 in 2Q 2021). Revenue: €1.16b (up 79% from 2Q 2021). Net income: €126.9m (up €108.9m from 2Q 2021). Profit margin: 11% (up from 2.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 2.3%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year. Upcoming Dividend • Apr 27
Upcoming dividend of €3.50 per share Eligible shareholders must have bought the stock before 03 May 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.0%). Lower than average of industry peers (2.9%). Reported Earnings • Mar 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €9.46 (up from €8.06 in FY 2020). Revenue: €3.07b (up 21% from FY 2020). Net income: €190.7m (up 18% from FY 2020). Profit margin: 6.2% (down from 6.4% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Over the next year, revenue is forecast to grow 22%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS €3.30 (vs €1.55 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €817.6m (up 28% from 3Q 2020). Net income: €66.0m (up 113% from 3Q 2020). Profit margin: 8.1% (up from 4.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • Aug 20
Second quarter 2021 earnings released: EPS €0.89 (vs €1.98 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €648.3m (up 4.6% from 2Q 2020). Net income: €18.0m (down 55% from 2Q 2020). Profit margin: 2.8% (down from 6.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Reported Earnings • May 19
First quarter 2021 earnings released: EPS €2.18 (vs €2.25 in 1Q 2020) The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: €641.3m (flat on 1Q 2020). Net income: €43.5m (down 3.3% from 1Q 2020). Profit margin: 6.8% (down from 7.0% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Apr 28
Upcoming dividend of €3.20 per share Eligible shareholders must have bought the stock before 05 May 2021. Payment date: 12 May 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.6%). Reported Earnings • Apr 10
Full year 2020 earnings released: EPS €8.06 (vs €9.49 in FY 2019) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €2.53b (flat on FY 2019). Net income: €161.2m (down 15% from FY 2019). Profit margin: 6.4% (down from 7.5% in FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 19
Full year 2020 earnings released: EPS €8.06 (vs €9.49 in FY 2019) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €2.53b (flat on FY 2019). Net income: €162.2m (down 14% from FY 2019). Profit margin: 6.4% (down from 7.5% in FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 13
New 90-day high: €173 The company is up 15% from its price of €150 on 13 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €219 per share. Is New 90 Day High Low • Jan 22
New 90-day high: €170 The company is up 16% from its price of €147 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €218 per share. Is New 90 Day High Low • Jan 04
New 90-day high: €169 The company is up 15% from its price of €147 on 06 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €224 per share. Is New 90 Day High Low • Dec 11
New 90-day high: €155 The company is up 1.0% from its price of €154 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €218 per share. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS €1.55 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: €637.1m (down 1.8% from 3Q 2019). Net income: €31.0m (down 43% from 3Q 2019). Profit margin: 4.9% (down from 8.3% in 3Q 2019). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year.