Brief: Mayr-Melnhof Karten Says Sales Price Development Decisive For 2024

Mayr-Melnhof Karton AG

23/04/2024 07:13

April 23 (Reuters) - MAYR-MELNHOF KARTEN AG  MMKV.VI :
    * MM REPORTS FIRST QUARTER 2024 RESULTS
    * SALES PRICE DEVELOPMENT DECISIVE FOR EARNINGS SITUATION IN
2024
    * ADJUSTED OPERATING PROFIT DECREASED BY EUR 39.1 MILLION
FROM EUR
78.7 MILLION TO EUR 39.6 MILLION.
    * FINANCIAL INCOME AMOUNTED TO EUR 6.6 MILLION (1Q 2023: EUR
1.3
MILLION)
    * PROFIT BEFORE TAX THUS TOTALLED EUR 18.0 MILLION AFTER EUR
49.0
MILLION IN PREVIOUS YEAR
    * OUTLOOK 2024 THERE ARE STILL HARDLY ANY SIGNS OF GROWTH ON
CONSUMER GOODS END MARKETS
    * OUTLOOK 2024 UNDER THESE CONDITIONS, MM IS FOCUSING ON
MARGIN-CONSCIOUS MARKET SHARE GAINS AND A CONSISTENT
CONTINUATION OF PROFIT & CASH PROTECTION PROGRAMME
    * OUTLOOK 2024 UPWARD TREND IN PRODUCTION COSTS IS TO BE
COMPENSATED BY AN ONGOING IMPROVEMENT IN SALES PRICES

Source text for Eikon:  ID:nEQ1Grt0Ma 
Further company coverage:  MMKV.VI 

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