Mayr Melnhof Karton AG traded at 80.00 this Wednesday May 6th, increasing 1.00 or 1.27 percent since the previous trading session. Looking back, over the last four weeks, Mayr Melnhof Karton AG gained 5.88 percent. Over the last 12 months, its price rose by 5.82 percent. Looking ahead, we forecast Mayr Melnhof Karton AG to be priced at 77.83 by the end of this quarter and at 71.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
Mayr Melnhof Karton AG is an Austria-based holding company engaged in the production and sale of carton board and folding cartons. The Company is organized, along with its subsidiaries, into two business segments: Mayr-Melnhof Karton (MM Karton) and Mayr-Melnhof Packaging (MM Packaging). The MM Karton segment manufactures and markets a range of carton board, concentrating on coated carton board produced from recovered paper. The MM Packaging division converts carton board into industrial printed folding cartons mainly for the food industry, including cereals, dried foods, sugar, confectionary and baked products; other consumer goods industries, including cosmetics and toiletries, detergents, household articles and toys, and into cigarette packaging, as well as confectionary packaging. The Company operates through 40 locations in 18 countries.