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Mayr Melnhof Karton AG (MMKV.VI)

MMKV.VI on Vienna Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Mayr Melnhof Karton 9-mth profit at EUR 113.3 mln
Wednesday, 15 Nov 2017 02:00am EST 

Nov 15 (Reuters) - MAYR MELNHOF KARTON AG ::DGAP-NEWS: MAYR-MELNHOF KARTON AG: RESULTS FOR THE FIRST THREE QUARTERS OF 2017.‍EXPECTATIONS FOR 2017 INTACT​.9-MONTH ‍SALES EUR 1,749.1 MILLION AND WERE THUS 2.1 %, OR EUR 35.3 MILLION ABOVE PREVIOUS YEAR'S VALUE​.9-MONTH ‍OPERATING PROFIT REACHED PREVIOUS YEAR'S LEVEL (1-3Q 2016: EUR 160.2 MILLION)​.9-MONTH ‍FINANCIAL INCOME OF EUR 1.6 MILLION (1-3Q 2016: EUR 2.3 MILLION)​.‍AT EUR 113.3 MILLION, PROFIT FOR 9MTHS ALMOST REACHED PREVIOUS YEAR'S FIGURE (EUR 115.5 MILLION)​.  Full Article

Mayr-Melnhof Karton appoints new CFO
Friday, 22 Sep 2017 07:32am EDT 

Sept 22 (Reuters) - MAYR MELNHOF KARTON AG ::APPOINTS NEW CFO.‍CFO GOTTHARD MAYRINGER WILL NOT EXTEND HIS CURRENT CONTRACT WHICH RUNS UNTIL MAY 2018​.‍IN TODAY'S MEETING OF SUPERVISORY BOARD FRANZ HIESINGER WAS APPOINTED AS SUCCESSOR​.  Full Article

Mayr Melnhof Karton posts H1 net profit of 71.9 million euros ​
Wednesday, 16 Aug 2017 08:10am EDT 

Aug 16 (Reuters) - MAYR MELNHOF KARTON AG :H1 REVENUES 1,150.3 MILLION EUROS + 0.7%​.H1 OPERATING RESULT 102.1 MILLION EUROS VERSUS 110.8 MILLION EUROS YEAR AGO.H1 NET PROFIT 71.9 MILLION EUROS VERSUS 80.4 MILLION EUROS YEAR AGO.TARGET FOR 2017 REMAINS TO OPTIMALLY CONNECT TO THE OUTCOME OF 2016.  Full Article

Mayr-Melnhof Karton Q1 operating profit down at EUR 50.6 mln
Thursday, 18 May 2017 01:58am EDT 

May 18 (Reuters) - MAYR MELNHOF KARTON AG ::MAYR-MELNHOF KARTON AG: RESULTS FOR THE FIRST QUARTER OF 2017.Q1 CONSOLIDATED SALES INCREASED TO EUR 584.5 MILLION AND WERE THUS 1.5 % ABOVE COMPARATIVE FIGURE OF PREVIOUS YEAR (1Q 2016: EUR 576.0 MILLION).Q1 PROFIT FOR PERIOD DECREASED BY 6.3 % TO EUR 36.9 MILLION (1Q 2016: EUR 39.4 MILLION).Q1 OPERATING PROFIT, AT EUR 50.6 MILLION, WAS 8.3 % OR EUR 4.6 MILLION BELOW COMPARATIVE FIGURE OF PREVIOUS YEAR (1Q 2016: EUR 55.2 MILLION).TARGET FOR 2017, HOWEVER, REMAINS TO TIE UP WITH CHALLENGING LEVEL OF 2016 BEST POSSIBLE.DUE TO STRONG PROFIT DEVELOPMENT IN H1 OF PREVIOUS YEAR AND FAVORABLE PRODUCT MIX IN PACKAGING DIVISION, AND SUCCESSIVE COMPENSATION OF INCREASED RAW MATERIAL COSTS, H1 RESULTS WILL, AS IN Q1, COME IN BELOW COMPARATIVE FIGURE OF LAST YEAR.  Full Article

Mayr Melnhof Karton FY profit rises 8.0 pct to EUR 153.4 million
Tuesday, 21 Mar 2017 03:10am EDT 

Mayr Melnhof Karton AG : To increase dividend to 3.00 euros ($3.23) per share for financial year 2016, following 2.80 euros per share (sum of 1.60 euros interim dividend and 1.20 euros dividend) for 2015 . FY group's consolidated sales rose by 4.2 percent to 2,272.7 million euros and were thus 91.2 million euros above previous year's amount (2015: 2,181.5 million euros) . At 213.7 million euros, FY operating profit was 6.9 percent or 13.8 million euros higher than in previous year (2015: 199.9 million euros) . FY profit for year thus rose by 8.0 percent to 153.4 million euros (2015: 142.1 million euros), with net profit margin increasing slightly from 6.5 percent to 6.7 percent . FY profit before tax increased by 9.8 percent to 209.2 million euros after 190.6 million euros in previous year . At same time, significantly higher recovered paper prices compared to beginning of 2016 have further increased tensions .Owing to short-term nature of business, it is not yet possible to provide a forecast for result of 2017.  Full Article

Mayr-Melnhof Karton 9-mth profit up 6.7 pct to EUR 115.5 mln
Tuesday, 15 Nov 2016 01:30am EST 

Mayr Melnhof Karton AG : 9-month group's consolidated sales totaled 1,713.8 million euros ($1.84 billion) and were thus 5.9 percent or 96.0 million euros above previous year's value (1-3Q 2015: 1,617.8 million euros) . 9-month profit rose by 6.7 percent to 115.5 million euros (1-3Q 2015: 108.2 million euros) . Due to short-term visibility and general economic uncertainties, a forecast for 2017 is not yet possible .Based on strong development in first half-year, positive prospects for 2016 as a whole remain intact.  Full Article

Mayr Melnhof Karton H1 consolidated sales up at 1,142.2 mln euros
Thursday, 18 Aug 2016 01:55am EDT 

Mayr Melnhof Karton AG : H1 consolidated sales went up by 6.8 % or 72.6 million euros to 1,142.2 million euros (1st half of 2015: 1,069.6 million euros) . H1 profit for period thus increased by 19.6 % to 80.4 million euros (1st half of 2015: 67.2 million euros) . Strong development in first half-year will nevertheless be a challenge for second half of year . H1 operating profit grew by 14.8 % or 14.3 million euros to 110.8 million euros (1st half of 2015: eur 96.5 million) . H1 financial income was at 1.6 million euros (1st half of 2015: eur 0.8 million), financial expenses amounted to eur -3.2 million (1st half of 2015: -3.2 million euros). .Situation on european cartonboard and folding carton markets starts to get more challenging..  Full Article

Mayr Melnhof Karton Q1 profit up 11.0 pct at 39.4 million euros
Thursday, 19 May 2016 01:52am EDT 

Mayr Melnhof Karton AG : Q1 consolidated sales rose by 7.9 pct to 576.0 million euros ($645.58 million) . Q1 operating profit up 8.7 pct to 55.2 million euros . Q1 profit for the period went up by 11.0 pct to 39.4 million euros . Says visibility of demand on cartonboard and folding carton markets has become noticeably more short-term and the situation ongoing competitive .Says strong profit development in the first quarter will be a challenge for the subsequent quarters.  Full Article

Mayr Melnhof Karton to distribute a dividend of 1.20 euro per share‍​‍​
Tuesday, 15 Mar 2016 02:32am EDT 

Mayr Melnhof Karton AG:To distribute a dividend of 1.20 euro per share‍​‍​.  Full Article