Results for the 1st Quarter 2014
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• Solid volume and price development in the Cartonboard Division • Continuous business performance in the Packaging Division • Still no tail wind from consumption • Expansion course continued
In the first quarter of 2014 the Mayr-Melnhof Group recorded an overall solid business performance, though there were still no impulses from the economy as a whole, in particular from private consumption. However, due to improvements in prices and the product mix of cartonboard production as well as a slight increase in volumes in both divisions an overall healthy growth in sales and profit could be reached compared with the same period of the previous year. Our expansion course continued in line with strategy and the newly constructed fourth folding carton site in Turkey was put into operation.
Source: http://www.mayr-melnhof.com/
