MM Group Investor Presentation
MM Board & Paper 2023 Results
(in millions of EUR, IFRS)
4Q/2022 1Q/2023 2Q/2023
3Q/2023
4Q/2023
Sales¹)
620.5
521.2
498.1
448.4
451.4
Adjusted EBITDA²)
114.7
54.3
17.7
14.7
6.0
Adjusted operating profit²)
87.4
27.7
(9.8)
(13.5)
(24.2)
Operating profit
62.8
27.7
(9.8)
(13.5)
(24.2)
Operating margin³) (%)
14.1 %
5.3 %
-2.0 %
-3.0 %
-5.4 %
Cash flow from operating activities
17.4
10.0
3.0
64.1
214.5
Tonnage sold (in thousands of tonnes)
494
473
486
487
502
Cartonboard
373
375
365
365
371
Paper
121
98
121
122
131
Tonnage produced (in thousands of tonnes)
492
488
469
482
506
1) incl. interdivisional sales
2) adjusted for material one-off effects (material defined as impact on operating profit of more than EUR 10 million)
3) calculated with adjusted result figure
MM Group Investor presentation March 2024 (incl. 2023 Annual Results)
MM
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