)
Josef Manner & Comp (MAN) investor relations material
Josef Manner & Comp H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue increased by 5.5% year-over-year to €304.3 million, driven by price adjustments and product mix improvements amid challenging market conditions and high inflation.
Operating profit and pre-tax profit halved due to surging raw material costs, especially cocoa and hazelnuts, and a €4.75 million impairment on Azerbaijan assets.
Strategic projects included digitalization (SAP rollout), ESG initiatives, and investments in production and packaging automation.
Export share remained high at 59.4%, with international expansion and new product launches (e.g., Manner Crunchies in Germany).
Financial highlights
Revenue: €304.3 million (+5.5% YoY); Operating profit: €11.2 million (down from €21.1 million); Pre-tax profit: €9.2 million (down from €18.8 million).
Net income: €5.0 million (down from €14.4 million); EPS: €2.65 (down from €7.63).
EBITDA: €23.2 million (down from €26.3 million); Gross margin pressured by raw material costs (raw material share of sales rose to 42.5%).
Cash flow from operations: €24.0 million (down from €44.9 million); Net debt reduced to €20.2 million (from €24.6 million); Equity ratio: 46.6%.
Dividend proposal: €2.00 per share (unchanged YoY).
Outlook and guidance
2026 expected to bring stable to slightly higher revenues, but continued volatility in raw material prices, especially cocoa and hazelnuts.
Operating and pre-tax profit expected to remain stable; focus on brand strength, innovation, and efficiency.
Key risks include global economic uncertainty, geopolitical tensions, and persistent inflation.
- Strong profit growth and lower debt in 2024, but 2025 profit faces cocoa price headwinds.MAN
H2 202411 Jun 2026 - Revenue and profitability improved in H1 2024, driven by export growth and cost management.MAN
H1 202411 Jun 2026 - Revenue and profit rose in H1 2025, but cost pressures and market volatility persist.MAN
H1 202511 Jun 2026
Next Josef Manner & Comp earnings date
Next Josef Manner & Comp earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)