Mayr-Melnhof’s Q1 result slightly below last year’s

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In the first quarter of 2005 Austrian Mayr-Melnhof registered a result that was slightly lower than in the corresponding period of the previous year. The profit for the period dropped slightly to €25.3m (Q1 2004: €26.6m). The group attributes this decrease to fierce price competition and customers’ cautious ...

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