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Mayr-Melnhof reports 20% drop in first-half net profits

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Published in issue 34/2012
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In the first half-year 2012, Mayr-Melnhof Group (MM) recorded a year-on-year drop of 20% in net profit to €51.2m. Operating profit went down by 15% or €13.6m to €79.1m, with about €9m in non-recurring expenses related to the closure of the Bootle folding carton facility close to Liverpool, the group said. ...

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