Results for the first Quarter of 2017
(World News Austria)

o Solid sales and volumes o Sharp increase in raw material costs at MM Karton weighs on profit o MM Packaging maintains good level o Cartonboard price increase is first priority The Mayr-Melnhof Group was able to sustain overall good capacity utilization in both divisions and to maintain the previous year`s sales level in the first quarter of 2017. This was achieved despite restrained demand at the beginning of the year and persistently intense competition. The packaging division recorded a further quarter with high profitability. In contrast, the result of the cartonboard division was weighed by another rise in recovered paper prices. Accordingly, passing on increased input costs through...