Despite somewhat slowing demand dynamics, Mayr-Melnhof reported stable Q3 results. While the group continues to exercise strong control over its operations, the recent acquisition of TANN group should support its margins from 2019 onwards. Overall, MMK remains a beneficiary of packaging market tailwinds and is insulated from the risk of conventional paper market difficulties being reinstated.
15 Nov 2018
Stable quarterly performance
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Stable quarterly performance
Mayr-Melnhof Karton AG (MMK:WBO) | 0 0 0.5% | Mkt Cap: 2,492m
- Published:
15 Nov 2018 -
Author:
Varun Sikka -
Pages:
3
Despite somewhat slowing demand dynamics, Mayr-Melnhof reported stable Q3 results. While the group continues to exercise strong control over its operations, the recent acquisition of TANN group should support its margins from 2019 onwards. Overall, MMK remains a beneficiary of packaging market tailwinds and is insulated from the risk of conventional paper market difficulties being reinstated.