Mayr-Melnhof Improves Results Significantly

IndustrialsBasic Resources ♦ Published: May 12, 2011; 16:24 ♦ (Vindobona)

The Austrian packaging company could rise profits by 27.3%. Sales went up by 12.6%.

Mayr-Melnhof Improves Results Significantly / Picture: © Mayr-Melnhof

Mayr-Melnhof Group succeeded in concluding the first quarter of 2011 with a significant improvement in results. Following the extraordinary upturn of last year, the market environment has now returned to normal. Both divisions, MM Karton and MM Packaging, have continued to sustain their strong position and recorded nearly full capacity in the first three months of this year. MM Karton…