Mayr-Melnhof: Stable Results Ahead

Businessn.a. ♦ Published: August 10, 2012; 15:27 ♦ (Vindobona)

Next Thursday, the Austrian packaging company will present its results for the first quarter of 2012. Mayr-Melnhofs EBIT margin is expected to increase.

Mayr-Melnhof: Stable Results Ahead / Picture: © Mayr-Melnhof

According to Berenberg Bank, the inventories have stabilized and demand was up only slightly last quarter. Despite the growing price pressure on raw materials, Berenberg Bank expects a strong quarter and estimates Mayr-Melnhof´s EBIT margin to increase to 9.5%. In the first quarter of 2012, the packaging company registered an EBIT margin of 8.8%. Mayr-Melnhof´s net result should come…