MMK embarked 2019 on a good note, especially after a challenging Q4 18. Both divisions witnessed varying operating improvements. While management guided for markets to remain unpredictable and competitive, its sustained focus on business optimisation should render the much-needed cushion. Moreover, a strong balance sheet gives ample headroom to consider attractively-priced growth opportunities, whenever they (like TANN) come to the fore.
20 May 2019
Q1 brought a major relief
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Q1 brought a major relief
Mayr-Melnhof Karton AG (MMK:WBO) | 0 0 0.5% | Mkt Cap: 2,492m
- Published:
20 May 2019 -
Author:
Varun Sikka -
Pages:
3
MMK embarked 2019 on a good note, especially after a challenging Q4 18. Both divisions witnessed varying operating improvements. While management guided for markets to remain unpredictable and competitive, its sustained focus on business optimisation should render the much-needed cushion. Moreover, a strong balance sheet gives ample headroom to consider attractively-priced growth opportunities, whenever they (like TANN) come to the fore.