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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Müller
Müller (MLL) investor relations material
Müller H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary14 Aug, 2026
Executive summary
Revenue increased by 1.1% year-over-year to €124.1 million in H1 2026, despite a challenging economic environment and declining volumes in the automotive sector, offset by growth in other sectors such as electronics.
EBIT decreased by 4.0% to €3.5 million, while EBITDA rose by 1.4% to €20.5 million year-over-year.
Net income dropped 32.3% to €0.85 million, with EPS at €0.11 compared to €0.16 in the prior year.
The company maintained a stable cash flow from operations and increased its investment in automation.
Financial highlights
Revenue: €124.1 million (+1.1% YoY); EBITDA: €20.5 million (+1.4% YoY); EBIT: €3.5 million (-4.0% YoY).
Net income: €0.85 million (-32.3% YoY); EPS: €0.11.
Equity ratio: 21.6% (vs. 21.4% prior year); cash and equivalents: €15.6 million (vs. €8.4 million prior year).
Cash flow from operations: €17.7 million (stable YoY); investments: €7.8 million, mainly in automation.
Dividend of €0.15 per share approved for 2025, up from €0.10 prior year.
Outlook and guidance
Full-year 2026 revenue expected between €245 million and €253 million.
EBIT guidance confirmed at €7.3 million to €8.6 million.
Management notes that actual results may deviate from forecasts due to uncertainties.
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Latest events from Müller
- Revenue and EBIT rose, driven by automation and sector diversification, amid persistent risks.MLL
H2 2025 - EBIT and net income returned to profit, with EBITDA margin up and revenue guidance trimmed.MLLH1 2024
- Revenue down, EBIT up, net income lower; guidance confirmed amid sector headwinds.MLLH1 2025
- EBIT up 34% and net income more than doubled despite revenue drop, as automation drives gains.MLLH2 2024
Next Müller earnings date
H2 202630 Mar, 2027
Müller
Next Müller earnings date
H2 202630 Mar, 2027
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Frequently asked questions
Müller - Die lila Logistik AG is a logistics and supply chain management company providing customized transport, warehousing, and consulting solutions. The company specializes in integrating logistics with production processes, offering services such as procurement logistics, distribution logistics, and value-added services for industries including automotive, industrial manufacturing, and retail. It is headquartered in Besigheim, Germany, and its shares are listed on the XETRA.