Yet again, Mayr-Melnhof reported soft quarterly results. Despite supportive top-line trends in both divisions, profitability pressure aggravated – due to higher costs and some one-off charges. While the near term is guided to remain tricky, the firm nevertheless remains well-positioned to leverage market opportunities. With the recent growth investments and considering management’s track record in delivering consistently healthy results, MMK is on the right track to realise further business grow ....
20 Aug 2021
Another soft quarter; but attractiveness intact
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Another soft quarter; but attractiveness intact
Yet again, Mayr-Melnhof reported soft quarterly results. Despite supportive top-line trends in both divisions, profitability pressure aggravated – due to higher costs and some one-off charges. While the near term is guided to remain tricky, the firm nevertheless remains well-positioned to leverage market opportunities. With the recent growth investments and considering management’s track record in delivering consistently healthy results, MMK is on the right track to realise further business grow ....