Mayr-Melnhof Karton’s good run continues. After recovering in Q1 19, the group posted impressive Q2 19 results – a commendable achievement, given the prevalent market headwinds. Both divisions contributed in varying degrees. While market difficulties are likely to sustain in the near term, management’s strategy to focus on value and efficiencies – effective previously as well – should continue to deliver favourable results. MMK remains a preferred asset-light sec
02 Sep 2019
Strong Q2 results
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Strong Q2 results
Mayr-Melnhof Karton AG (MMK:WBO) | 0 0 0.5% | Mkt Cap: 2,492m
- Published:
02 Sep 2019 -
Author:
Varun Sikka -
Pages:
3
Mayr-Melnhof Karton’s good run continues. After recovering in Q1 19, the group posted impressive Q2 19 results – a commendable achievement, given the prevalent market headwinds. Both divisions contributed in varying degrees. While market difficulties are likely to sustain in the near term, management’s strategy to focus on value and efficiencies – effective previously as well – should continue to deliver favourable results. MMK remains a preferred asset-light sec