Mayr-Melnhof Announces Results for Q3 2010

IndustrialsIndustrial Goods ♦ Published: November 16, 2010; 15:42 ♦ (Vindobona)

Mayr-Melnhof records a significant increase of results in Q3. The rise in cartonboard prices compensates the recent cost surge.

Mayr-Melnhof Announces Results for Q3 2010 / Picture: ©

As expected the Mayr-Melnhof Group managed to continue the positive business development of the previous quarters also in the third quarter 2010 supported by the temporary economic recovery. Thus, it was possible to improve sales and profits in the first three quarters of 2010 in comparison to last year, both in cartonboard production as well as in the folding carton business.