Mayr-Melnhof Karton AG: 2019 dividend to remain on previous year's level
April 07, 2020 at 12:20 pm EDT
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DGAP-News: Mayr-Melnhof Karton AG
/ Key word(s): Dividend
Mayr-Melnhof Karton AG: 2019 dividend to remain on previous year's level
07.04.2020 / 18:15
The issuer is solely responsible for the content of this announcement.
The Management Board and Supervisory Board of Mayr-Melnhof Karton AG will propose to the 26th Ordinary Shareholders' Meeting on April 29, 2020, despite a good current order situation, a dividend on the previous year's level of EUR 3.20 per share for the 2019 financial year instead of an increase to EUR 3.60 per share in line with profit. This is a precaution for the expected recession resulting from the Covid-19-pandemic.
For further information, please contact:
Stephan Sweerts-Sporck
Investor Relations
Mayr-Melnhof Karton AG
Brahmsplatz 6, A-1040 Vienna
Tel.: (+43/1) 50136 - 91180
Fax: (+43/1) 50136 - 91195
e-mail: investor.relations@mm-karton.com
Website: http://www.mayr-melnhof.co
07.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Mayr-Melnhof Karton AG is Europe's leading producer of cardboard and cardboard boxes. Net sales break down by product family as follows:
- cardboard and paper (53.7%): 2,433 Kt produced, broken down between recycled fiber-based board (1,217 Kt; No. 1 worlwide), virgin fiber-based board (634 Kt) and papers (582 Kt). At the end of 2022, the group had 6 plants located in Europe;
- cardboard boxes (46.3%): 4,056 million m2 produced in 2022 through 65 production sites worldwide.
Net sales are distributed geographically as follows: Austria (1.8%), Germany (17.2%), Poland (14.6%), France (9%), the United Kingdom (6.8%), Europe (30.8%), the Americas (5.1%) and other (14.7%).
MAYR-MELNHOF KARTON AG 
