London close: Stocks weaker after busy week for rate decisions
15th Dec 2023 14:48
(Sharecast News) - London's stock markets ended the week on a subdued note on Friday as investors digested recent central bank policy updates.
Read moreMondi to return proceeds from sale of Russian assets via special dividend
7th Dec 2023 12:34
(Sharecast News) - Mondi said on Thursday that it had received the final payments from the sale of its Russian assets and that net proceeds of around €775m would be distributed to shareholders in the form of a special dividend with an associated share consolidation.
Read moreLondon close: Stocks end choppy session mixed
25th Oct 2023 15:11
(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors weighed a number of factors.
Read moreMondi Q3 profit slides amid 'subdued' demand
19th Oct 2023 08:28
(Sharecast News) - Paper and packaging group Mondi slumped on Thursday as it said that challenging conditions continued into the third quarter, with demand "subdued" and profits much lower.
Read moreLondon pre-open: Stocks set to retreat from four-month high
18th Sep 2023 07:15
(Sharecast News) - UK markets were expected to open the new week on the back foot as investors exercised caution after some big gains over previous sessions.
Read moreMondi signs deal to complete Russia exit
18th Sep 2023 07:01
(Sharecast News) - Paper and packaging group Mondi said it had sold its last remaining facility in Russia to Sezar Invest for 80bn roubles (€775m).
Read moreLondon close: Stocks maintain gains after latest jobs data
12th Sep 2023 15:48
(Sharecast News) - London's top-flight index ended Tuesday on a positive note, with AB Foods in focus on the back of an optimistic trading statement, as investors pored over the latest UK jobs data.
Read moreMondi H1 profits fall on weaker demand, higher costs
3rd Aug 2023 07:03
(Sharecast News) - Paper and packaging group Mondi reported a sharp fall in interim earnings due to weaker demand, customer destocking and higher input costs.
Read moreMondi to buy Hinton Pulp mill in Canada for $5m
10th Jul 2023 14:08
(Sharecast News) - Packing and paper group Mondi said on Monday that it has agreed to buy the 250,000 tonne per annum Hinton Pulp mill in Alberta, Canada, from West Fraser for $5m.
Read moreJPMorgan upgrades Mondi, Smurfit Kappa
6th Jul 2023 14:42
(Sharecast News) - JPMorgan Cazenove upgraded packaging and paper firms Smurfit Kappa and Mondi on Thursday to 'overweight' from 'neutral' and kept DS Smith at 'overweight'.
Read moreBroker tips: Mondi, Smurfit Kappa, Smiths Group
6th Jul 2023 08:05
(Sharecast News) - JPMorgan Cazenove upgraded packaging and paper firms Smurfit Kappa and Mondi on Thursday to 'overweight' from 'neutral' and kept DS Smith at 'overweight'.
Read moreMondi terminates $1.17bn Russian plant sale
5th Jun 2023 09:24
(Sharecast News) - UK paper and packaging maker Mondi on Monday said it was terminating a $1.17bn sale of its largest Russian plant to an investment vehicle owned by a Russian billionaire due to a "lack of progress" in getting he required approvals.
Read moreMondi reports 'stable' Q1 amid softer demand
4th May 2023 08:04
(Sharecast News) - Packaging and paper group Mondi said on Thursday that its performance in the first quarter was "stable" amid softer demand.
Read moreMondi warns on softer demand, prices as FY profits surge
23rd Feb 2023 07:18
(Sharecast News) - Paper and packaging group Mondi more than doubled full-year profits on higher prices but warned that it continued to see softer demand and pricing, despite input costs declining, sending the shares lower on Thursday.
Read moreMondi to sell Russian assets to Gotek Group
15th Dec 2022 09:25
(Sharecast News) - Packaging and paper group Mondi has agreed to sell its three Russian packaging converting operations to Russian packaging maker Gotek Group for RUB1.6 bn in cash.
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