Mayr-Melnhof Group, a world-leader in coated recycled cartonboard production, reported 5.5% increase of EBITDA amid slight decrease of sales in 4Q2016 y-o-y. According to the announcement, the company’s sales accounted for EUR 558.0 million, generating EBITDA of EUR 77.2 million in the period (13.8% margin).
For the complete 2016 the company’s revenues accounted EUR 2,272.7 million, generating EUR 321 million of EBITDA (margin 14.1%).
In 3Q2016 Mayr-Melnhof Group increased revenues.
About Mayr-Melnhof Group:
The company is the world-leader in coated recycled cartonboard with a growing position in virgin fiber based board and Europe’s leading manufacturer of folding cartons with a growing presence outside of Europe. Its operations are entirely concentrated on the core business areas which are managed in two operative segments MM-Karton and MM-Packaging..