Mayr-Melnhof: Satisfying Results for 2010

IndustrialsIndustrial Goods ♦ Published: March 18, 2011; 09:00 ♦ (Vindobona)

The Austrian packaging company realized an increase in sales by 11.1.% Profit was above the previous year´s level by 13.3%.

Mayr-Melnhof: Satisfying Results for 2010 / Picture: © Mayr-Melnhof

The Mayr-Melnhof Group was able to take advantage of the economic upturn in Europe in 2010 and finish the business year with a significant increase in sales and profit. In light of strong demand und full capacity utilization in cartonboard production, MM Karton succeeded in efficiently passing on the massive rise in raw material costs, particularly those of fiber, and…