Mayr-Melnhof Results for the first three quarters of 2015

Mayr-Melnhof Results for the first three quarters of 2015
Mayr-Melnhof Results for the first three quarters of 2015

The Mayr-Melnhof Group was able, as expected, to continue the positive development over the course of the year with a good third quarter. Under ongoing highly competitive conditions without any sign of economic upturn, sales as well as profit increased further over the first three quarters of 2015 compared to the same period of the previous year. Both divisions, MM Karton and MM Packaging, significantly contributed to maintaining the solid profitability of the Group with high levels of capacity utilization in the plants and increased productivity. The acquisition of a leading French folding carton group in the field of packaging for pharmaceuticals and luxury goods was completed successfully at the end of October 2015 and shall thereby, as hitherto, combine organic and acquisitive growth.

 

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Source: Press Release MM Karton