Mayr-Melnhof Karton AG Reports Q1 2025 Earnings Surge Despite Soft Demand

Mayr-Melnhof Karton AG (MM) announced a significant rise in earnings for the first quarter of 2025 compared to the previous year. Despite continued soft demand, the company focused on cost, technology, and innovation leadership to achieve this growth. Consolidated sales increased by 1.7% to EUR 1,042.6 million, while adjusted EBITDA rose by 26.2% to EUR 119.3 million. The adjusted operating profit saw a significant increase of 53.7%, reaching EUR 61.0 million.

CEO Peter Oswald highlighted the strong performance of MM Food & Premium Packaging due to improved productivity and cost reductions. However, MM Pharma & Healthcare Packaging maintained demand at previous year's levels, though with lower earnings. MM Board & Paper also showed significant earnings improvement.

Looking ahead, MM anticipates market conditions to remain challenging, with a focus on strengthening competitiveness through cost reductions and enhanced quality and innovation.