Mayr-Melnhof FY net up 8.7 pct to 116.6 mln eur, div raised to 1.70 eur a share (Mayr-Melnhof Karton)

Date : 03/13/2008 @ 3:29AM
Source : TFN
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Mayr-Melnhof FY net up 8.7 pct to 116.6 mln eur, div raised to 1.70 eur a share (Mayr-Melnhof Karton)

        VIENNA (Thomson Financial) - Mayr-Melnhof Karton AG said its net income was
up 8.7 pct to 116.6 mln eur in 2007, as the company benefited from the general
macro-economic strength in its regions, expanded market share and its ability to
largely offset higher input costs through higher prices.
    In earnings released this morning, Mayr-Melnhof said it will propose a
full-year dividend of 1.70 eur a share, compared to 1.40 eur in 2006.
    Mayr-Melnhof said that it cannot currently provide a profit estimate for
2008 due to the "limited forecast horizon".
peter.klopf@thomson.com
pkl/lht

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