Mayr-Melnhof Karton AG (WBAG:MMK) will look for acquisitions. During the conference call, Peter Oswald, Chief Executive Officer, said that "the market is still a very fragmented market. A lot of local purchasing is happening.

To a certain extent, that will stay. But the big - the top 20 pharma companies will require more and more innovation, more and more system solutions, and this will give us a fantastic platform to satisfy their needs, but will also give us the opportunity to grow both organically and potentially with the smaller bolt-on acquisitions".