Grafia Ukraine JSC (Cherkasy), part of the European cardboard packaging manufacturer MM Group, plans to pay shareholders more than UAH 117.35 million in dividends from undistributed profits based on the results of 2021, 2023, 2024, and 2020 at a rate of UAH 199.58 per share.
The relevant plans are included in the agenda of the general meeting of shareholders on March 20, which is expected to make some changes to the distribution of profits for the above-mentioned years and the procedure for covering the losses incurred in 2022, which were approved by the general meeting of shareholders of the company on October 17 last year. In particular, it is planned to allocate the undistributed profit for 2021 in the amount of UAH 35.229 million, for 2023 in the amount of UAH 14.225 million, and for 2024 in the amount of UAH 55.31 million entirely to the payment of dividends.
At the same time, it is proposed that UAH 0.587 million of the retained earnings for 2020 in the amount of UAH 13.175 million be used to cover losses based on the results of operations in 2022, and UAH 12.587 million be used to pay dividends.
Shareholders are proposed to leave undistributed profit from the results of operations in 2024 in the amount of UAH 2.51 thousand.
The Ukrainian-German joint-stock company Graphia Ukraine was established in 1995 on the basis of the Cherkasy Regional Printing House named after the Pravda newspaper and at the same time began to receive investments from the German concern Graphia.
In 2002, the Austrian Mayr-Melnhof Group acquired the Graphia group of companies. In the summer of 2008, MM Group opened another cigarette packaging plant, MM Packaging Ukraine, in Cherkasy.
Grafia Ukraine produces packaging for international food and cigarette manufacturers using offset and flexographic printing technologies – flip-top packaging for cigarettes, display packaging, inner frames, inner packaging papers, soft labels, inserts, packaging for food products and personal hygiene products.
According to the company’s 2024 report, it increased its net profit almost fourfold compared to the previous year, to UAH 55.3 million, with net revenue growing by 82% to UAH 358.2 million. According to Opendatabot, in 2025, the company’s net profit amounted to UAH 38.2 million, and net income amounted to UAH 291.5 million.
According to the National Securities and Stock Market Commission, at the beginning of this year, almost 94.78% of the company’s shares belonged to the German company Gundlach GmbH.
The company’s authorized capital is UAH 5.88 million, and the nominal value of a share is UAH 10.
