MM Group results for the first quarter of 2022 – Midland Paper

In the first quarter of 2022, the MM Group managed to catch up again in terms of margins after cost inflation-related pressure in the previous quarters. This was made possible by the consistent implementation of necessary price increases and continued strong demand in both divisions. The consolidated sales of the Group rose to EUR 1,060.4 million and were thus EUR 419.1 million above the comparative figure for the previous year (Q1 2021: EUR 641.3 million). This growth is mainly due to acquisitions and the passing on of cost increases through higher prices.