Brief: Mayr-Melnhof Karton Q1 Ebitda EUR 116 Mln

Mayr-Melnhof Karton AG

25/04/2023 07:06

April 25 (Reuters) - MAYR MELNHOF KARTON AG  MMKV.VI : 
    * REPORTS RESULTS FOR THE FIRST QUARTER OF 2023
    * Q1 PROFIT FOR PERIOD DECREASED BY EUR 44.6 MILLION TO EUR
34.9
MILLION (1Q 2022: EUR 79.5 MILLION)
    * Q1 SALES 1.12 BILLION
    * Q1 PROFIT BEFORE TAX OF EUR 49.0 MILLION WAS EUR 54.6
MILLION
LOWER THAN PREVIOUS YEAR'S VALUE (1Q 2022: EUR 103.6 MILLION)
    * Q1 EBITDA 116 MILLION
    * Q1 FINANCIAL INCOME AMOUNTED TO EUR 1.3 MILLION (1Q 2022:
EUR
1.6 MILLION)
    * Q1 OPERATING PROFIT 61.6 MILLION
    * 2023 WILL BE A TRANSITION YEAR FOR MM BOARD & PAPER AND AN
INTEGRATION YEAR FOR MM PACKAGING WITH PROFITABILITY BELOW TREND
LINE AFTER BEING ABOVE IN 2022
    * Q1 EARNING PER SHARE 1.71 EUR

Source text for Eikon:  ID:nEQb9s7p2a 
Further company coverage:  MMKV.VI 

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