MM Packaging Annual Report 2023

The MM Group has been recognized for leadership in corporate transparency and performance on climate change, forests, and water security by the global environmental non-profit CDP. Based on 2023 data reported on Climate Change, Forests, and Water Security, the MM Group is one of only ten companies that achieved a triple ‘A’.

Successful transformation Focus on our

• strengths and on what we can influence
• Strengthening the Management Team – Divisions and Group
• Sustainability – MM at the forefront of carbon footprint; replacement of plastic continues
• Occupational safety increased significantly – occupational accidents (number and severity) considerably further reduced 

Highlights

• 1.9 million tonnes production of carton board and paper
• 3,984 million m2 volume of packaging produced
• AAA CDP rating Climate change, forests, and water security (Disclosure Insight Action)
• 79 % share of sales in Europe
• Group sales in millions of EUR 4,164.4
• Adjusted EBITDA in millions of EUR 450.2 
• Adjusted operating profit in millions of EUR 229.2
• Net debt/EBITDA 2.8