Mayr-Melnhof Karton AG
(STU:MYM)
€
75.7
+0.90 (+1.2%)
Market Cap: 1.50 Bil
Enterprise Value: 2.62 Bil
PE Ratio: 12.77
PB Ratio: 0.70
GF Score: 72/100 Half Year 2020 Mayr Melnhof Karton AG Earnings Pre-Recorded Presentation Transcript
Aug 20, 2020 / 06:00AM GMT
Release Date Price:
€137.4
(-1.29%)
Peter Josef Oswald
Mayr-Melnhof Karton AG - CEO & Chairman of the Management Board
Welcome, everyone, to the first half year results announcement of Mayr-Melnhof. Ladies and gentlemen, I hope this message finds you well. And in times like this, most importantly, healthy.
In the first half of 2020, Mayr-Melnhof has delivered a solid and stable result. Our sales were down by 1%. Our operating profit was down by 1%. And this shows that we have a very resilient and defensive business model.
When I started on the 1st of April, the world was completely different to what I had planned. Instead of touring the world and visiting plants, I had to be in my home office, doing interviews with people.
But it worked well because it was a very good and highly efficient way to get to know all my new colleagues. And I was
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