MM Group Investor Presentation
MM Board & Paper 2023 Results
(in millions of EUR, IFRS)
2023
Sales1)
1,919.1
2022
2,750.0
+/-
- 30.2 %
Adjusted EBITDA²)
92.7
511.1
- 81.9 %
Adjusted operating profit²)
(19.8)
405.6
- 104.9 %
Operating profit
(19.8)
381.0
- 105.2 %
Operating margin³) (%)
-1.0 %
14.7 %
- 1,578 bp
Cash flow from operating activities
291.6
244.4
+19.3%
Tonnage sold (in thousands of tonnes)
1,948
2,389
- 18.5 %
Cartonboard
1,476
1,803
- 18.1 %
Paper
472
586
- 19.5%
Tonnage produced (in thousands of tonnes)
1,945
2,433
- 20.1 %
Employees
4,579
4,776
Investment payments (CAPEX)
233.2
191.8
Depreciation and amortization
112.5
118.4
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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