Mayr Melnhof Karton AG Value Stock - Dividend - Research Selection
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Description of the company
The Mayr-Melnhof Group is the world's largest manufacturer of coated recycled board with a growing position in virgin fiber board, as well as Europe's leading producer of folding cartons with a growing presence outside Europe. The services of the Mayr-Melnhof Group are concentrated exclusively on these core areas, which are managed in two operating segments, MM Karton and MM Packaging.
Founded more than 100 years ago, the company has become the European leader in its core businesses over the past three decades. On the basis of cost leadership and as a partner of successful customers, we have long been leaders in the consolidation of the industry.
Our vision is to continue to grow profitably in the long term and to occupy leading positions in new markets. In doing so, we orientate ourselves towards the sustainable benefit for our customers, shareholders and employees for the creation of lasting value.
MM Karton is a world leader in the production of coated recycled board with a growing position in virgin fiber board. The division has seven European sites with a total annual capacity of more than 1.7 million tonnes. The product range covers the entire range of recycled cardboard grades with gray, white, white and kraft backs. The production of virgin fiber cardboard and liners completes the wide range of Mayr-Melnhof Karton products.
MM Packaging is Europe's largest manufacturer of folding cartons with a growing presence outside Europe. At 37 locations, more than 767,000 tonnes of cartonboard are processed into folding cartons a year and supplied primarily to multinational customers from the branded goods industry. A broad range of services, innovation and efficiency improvements determine the successful development of the division.
The MM Group employs around 10,000 people and generated sales of around EUR 2 billion. Mayr-Melnhof has been listed on the Vienna Stock Exchange since 1994.