Mayr-Melnhof Karton AG: Half-Year 2025 Results

Mayr-Melnhof Karton AG reported a notable increase in profit for the first half of 2025, fueled by the Board & Paper division. Adjusted operating profit rose by 29%, while overall sales remained stable at EUR 2,030 million. The company's "Fit-For-Future" programme aims to achieve structural profit improvements exceeding EUR 150 million by 2027. Despite these gains, the market faced weak consumer demand and overcapacity challenges.

The sale of TANN Group contributed significantly to the profit surge, showing one-off income of EUR 127 million in Q2. However, the second half is expected to be impacted by maintenance standstills, incurring EUR 40 million in expenses. Efforts to improve cash flow and reduce working capital are in place, with capital expenditure projected below EUR 250 million for 2025.

The carbon footprint decreased by 5%, reflecting sustainability efforts. Mayr-Melnhof remains focused on competitiveness amid ongoing market uncertainties and anticipates continued challenges in demand.