Q1 2015 Results for the Mayr-Melnhof Group
Results for the 1st Quarter of 2015
• Good first quarter
• High capacity utilization
• Notable profit increase at MM Packaging
• MM Karton maintains a high level
The Mayr-Melnhof Group started the business year 2015 with a good first quarter. High capacity utilization and productivity increases contributed significantly to the profit growth of the Group compared to the previous year’s period. Improved performance of the packaging plants had a major part in this, while MM Karton was able to maintain the solid earnings level of the previous year. However, a sustainable economic upturn cannot be inferred from this as the slight increase in incoming orders at the beginning of the year has now returned to the usual seasonal level due to a lack of further impulses. Nevertheless, we keep our goal to grow further with high profitability also in 2015.
Source: Press Release MM Karton AG