Mayr-Melnhof Karton AG (WBO:MMK)
€ 77.9 -1.2 (-1.52%) Market Cap: 1.56 Bil Enterprise Value: 2.83 Bil PE Ratio: 25.46 PB Ratio: 0.76 GF Score: 75/100

Q1 2023 Mayr Melnhof Karton AG Pre-Recorded Earnings Presentation Q&A with CEO Transcript

Apr 25, 2023 / NTS GMT
Release Date Price: €142.8 (-4.55%)
Unidentified Participant

Presentation Q&A with CEO
Apr 25, 2023 / NTS GMT

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Corporate Participants
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* Peter Josef Oswald
Mayr-Melnhof Karton AG - CEO & Chairman of the Management Board

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Questions & Answers

Unidentified Participant

Peter, could you explain the reason for the 45% decline in MM's operating profit for the first quarter of '23.

Peter Josef Oswald
Mayr-Melnhof Karton AG - CEO & Chairman of the Management Board

Yes. I mean, the decline was mainly due to weak sales volumes in our division, Board & Paper, which we had already cautioned about during the presentation of our strong '22 results. However, the historically unusual 20% volume decline in Europe in the overall market during Q1 was higher than we had

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