Mayr-Melnhof Karton Ag (MNHFF) Q2 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

The conference is now being recorded. Good morning, ladies and gentlemen, and welcome to the Meyer-Mannhoff Cartoon Call regarding the half-year results of 2024. At this time, all participants have been placed on a listen-only mode. The floor will be open for questions following the presentation. Let me now turn the floor over to your host, Mr. Switz Spock. Good morning and welcome on the part of MM Group. My name is Stefan Zwerg-Spork, heading investor relations and corporate communication. It's a great pleasure to have you joining this Q&A conference call on our first half year results 24, which we released this morning just two hours ago. Besides the press release and the half year report, the CEO video statement has been published on our website mm.com. In this call, we want to provide you now with a possibility to direct question on today's communication to our CEO, Peter Oswald, who is sitting next to me. Since this call addresses an international audience, we would very much appreciate your questions to be asked in English in the following Q&A. Before we go for that, Peter, may I ask you to start with a short summary of the key messages? Yeah, thank you, Stefan. Welcome, everyone. Thanks for joining this conference call. I do not want to repeat my video message here, which you might have seen. But let me briefly summarize the main highlights. First, in this quarter, we've improved results sequentially and also compared to quarter two in 23, which is very encouraging. Our board and paper business has returned to operating profit. Our volumes in board and paper are substantially up. We are from now on reporting packaging in two divisions, because we think that the farm and healthcare business is a very distinctive business, also with a different business model. ...