EQS-Adhoc: Mayr-Melnhof Karton AG: MM Group with an expected increase in 2nd quarter and 1st half-year 2022 earnings
EQS-Ad-hoc: Mayr-Melnhof Karton AG / Key word(s): Miscellaneous
Mayr-Melnhof Karton AG: MM Group with an expected increase in 2nd quarter
and 1st half-year 2022 earnings
14-Jun-2022 / 19:04 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS – a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.
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The Mayr-Melnhof Group (MM) expects for the 2^nd quarter of 2022 an
operating profit in the range of EUR 150 to 200 million (2Q 2021: EUR 31
million) after EUR 111 million in the 1^st quarter of 2022 (1Q 2021: EUR
61 million). For the 2022 1^st half-year this translates to a probable
operating profit in the range of EUR 260 to 310 million (1^st half of
2021: EUR 92 million).
The income statement of the 1^st half-year / 2^nd quarter 2022 is on top
to the ongoing business particularly influenced by the inclusion of the
cartonboard and paper mills MM Kwidzyn and MM Kotkamills, which were
acquired at the beginning of August 2021.
This earnings expectation is based on current forecasts with significant
ongoing uncertainties from the supply chain. As previously announced, 2022
half-year results will be published on August 11, 2022.
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14-Jun-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com
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Language: English
Company: Mayr-Melnhof Karton AG
Brahmsplatz 6
1040 Wien
Austria
Phone: 0043 1 501 36 91180
Fax: 0043 1 501 36 91391
E-mail: investor.relations@mm.group
Internet: www.mm.group
ISIN: AT0000938204
WKN: 93820
Indices: ATX
Listed: Regulated Unofficial Market in Berlin, Frankfurt (Basic
Board), Munich, Stuttgart; Vienna Stock Exchange (Official
Market)
EQS News ID: 1375619
End of Announcement EQS News Service
1375619 14-Jun-2022 CET/CEST
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