London 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.
Read moreCredit Suisse downgrades Mondi, upgrades DS Smith
6th Dec 2022 15:54
(Sharecast News) - Credit Suisse downgraded Mondi and upgraded DS Smith on Tuesday as it took a look at paper and packaging stocks.
Read moreMondi Q3 EBIDTA rises amid higher selling prices, volume growth
14th Oct 2022 07:10
(Sharecast News) - Packaging and paper group Mondi reported a jump in third-quarter underlying core earnings on Friday amid higher selling prices and volume growth.
Read moreMondi to buy Italian paper mill for €40m
16th Aug 2022 09:18
(Sharecast News) - Paper and packaging company Mondi has agreed to buy the Duino mill near Trieste in Italy from the Burgo Group for €40m.
Read moreMondi agrees £1.3bn sale of its biggest Russian asset
12th Aug 2022 13:19
(Sharecast News) - Mondi has entered into an agreement to sell its most significant facility in Russia, Mondi Syktyvkar, together with two affiliated entities, it announced on Friday.
Read moreMondi profits surge on higher prices
4th Aug 2022 07:22
(Sharecast News) - Paper and packaging group Mondi reported a sharp rise in interim profits on the back of higher prices due to reduced timber supplies.
Read moreCredit Suisse cuts Mondi price target on Russia exit
9th May 2022 12:38
(Sharecast News) - Credit Suisse cuts its price target on Mondi shares on Monday to 1,940p from 2,150p to reflect the paper and packaging group's decision to divest its high-margin Russian operations.
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