Bucking the Q2 trend of the AV universe paper and packaging companies, Mayr-Melnhof Karton (MMK) reported yet another quarter of strong operating performance. More importantly, the company realised real operating improvements, rather than just benefiting from favourable forex movements. Q2 sales came in at €536m (+5.2% yoy; flat qoq), driven by strong performances in both the ‘Karton’ and ‘Packaging’ divisions. Sequentially, however, sales were flat as gradual pri
16 Sep 2015
Operating improvements continue, despite no material uptick in economic activity
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Operating improvements continue, despite no material uptick in economic activity
Mayr-Melnhof Karton AG (MMK:WBO) | 0 0 0.5% | Mkt Cap: 2,492m
- Published:
16 Sep 2015 -
Author:
Varun Sikka -
Pages:
3
Bucking the Q2 trend of the AV universe paper and packaging companies, Mayr-Melnhof Karton (MMK) reported yet another quarter of strong operating performance. More importantly, the company realised real operating improvements, rather than just benefiting from favourable forex movements. Q2 sales came in at €536m (+5.2% yoy; flat qoq), driven by strong performances in both the ‘Karton’ and ‘Packaging’ divisions. Sequentially, however, sales were flat as gradual pri