Thanks to a combination of acquisition-driven gains, solid focus market dynamics and well-timed price hikes, Mayr-Melnhof Karton reported impressive Q2 22 results. The gains were such that even the impact of severe cost headwinds was overshadowed. While 2022 may end up being an extraordinary year, the current pricing excesses can’t be sustained forever. The management is however doing well by acquiring (attractively-priced) assets to build capacities capable of leveraging long-term packaging vol ....
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Exceptional Q2 results
Thanks to a combination of acquisition-driven gains, solid focus market dynamics and well-timed price hikes, Mayr-Melnhof Karton reported impressive Q2 22 results. The gains were such that even the impact of severe cost headwinds was overshadowed. While 2022 may end up being an extraordinary year, the current pricing excesses can’t be sustained forever. The management is however doing well by acquiring (attractively-priced) assets to build capacities capable of leveraging long-term packaging vol ....