MM Group Reports Financial Results for the First Three Quarters of 2026

MM Group reported sales of EUR 2,774.7 million for the first three quarters of 2026, down 4.0% year over year. Adjusted EBITDA declined to EUR 259.1 million from EUR 320.3 million, with the margin falling to 9.3%, while adjusted operating profit dropped to EUR 93.0 million from EUR 151.9 million. The company cited the deconsolidation of the TANN Group, weaker Board & Paper contributions, and intense competition; approximately EUR 40 million in one-off costs from its Fit-For-Future programme also weighed on results.