Even in the absence of material forex benefits (unlike the other AV paper companies), Mayr-Melnhof Karton (MMK) has continued to deliver a strong performance. Q3 sales came in at €548m (+1.9% yoy; +2.3% qoq) driven by healthy volumes (Karton: +1.5%; Packaging: +4.5%) and slightly higher carton prices. Although packaging prices continue to remain under pressure due to intensifying competition. The continuation of productivity gains in both the segments and optimal capacity utilisation (99
18 Nov 2015
Productivity gains help sustain strong performance momentum
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Productivity gains help sustain strong performance momentum
Mayr-Melnhof Karton AG (MMK:WBO) | 0 0 0.5% | Mkt Cap: 2,492m
- Published:
18 Nov 2015 -
Author:
Varun Sikka -
Pages:
3
Even in the absence of material forex benefits (unlike the other AV paper companies), Mayr-Melnhof Karton (MMK) has continued to deliver a strong performance. Q3 sales came in at €548m (+1.9% yoy; +2.3% qoq) driven by healthy volumes (Karton: +1.5%; Packaging: +4.5%) and slightly higher carton prices. Although packaging prices continue to remain under pressure due to intensifying competition. The continuation of productivity gains in both the segments and optimal capacity utilisation (99