Brief: Mayr-Melnhof Karton Sees No Demand Recovery In Q3

Mayr-Melnhof Karton AG

10/08/2023 07:04

Aug 10 (Reuters) - Mayr Melnhof Karton AG  MMKV.VI :
    * MAYR-MELNHOF KARTON AG: MM REPORTS HALF-YEAR RESULTS FOR
2023
    * NO RECOVERY IN 3Q FORESEEABLE
    * H1 STRONG DECLINE IN VOLUMES AT MM BOARD & PAPER RELATED
TO
MARKET DEMAND AND CAPEX
    * ADAPTATION OF INVESTMENT PROGRAM: KWIDZYN PROJECT START
POSTPONED TO 2024
    * SAYS DUE TO WEAK OVERALL ECONOMY AND SLUGGISH PRIVATE
CONSUMPTION, THERE ARE CURRENTLY NO SIGNS OF AN IMPROVEMENT IN
DEMAND

Further company coverage:  MMKV.VI 

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