The Mayr-Melnhof Group reports results for the first quarter of 2021
The Group's consolidated sales amounted to EUR 641.3 million in the first three months of 2021 and thus almost reached the previous year's level (Q1 2020: EUR 646.6 million). At EUR 61.2 million, the operating result was 5.2% or EUR 3.4 million below the previous year's figure (Q1 2020: EUR 64.6 million). An increase in the packaging division was offset by a decline in the cartonboard division. Financial income of EUR 0.5 million (Q1 2020: EUR 0.4 million) was offset by financial expenses of EUR -3.6 million (Q1 2020: EUR -2.1 million). The “other financial result - net” was EUR 0.5 million (Q1 2020: EUR -0.1 million). The profit for the period fell slightly from EUR 45.1 million to EUR 43.9 million.