Mondi reports bumper Q1 operating earnings, set to divest Russian ops
4th May 2022 21:56
(Sharecast News) - Mondi reported a bumper first quarter with good demand across its business lines and higher average selling prices offsetting continued cost pressures.
Read moreMondi profits rise despite inflation, monitoring Ukraine conflict
3rd Mar 2022 07:04
(Sharecast News) - Paper and packaging maker Mondi on Thursday reported a rise in annual profits driven by higher sales volumes and selling prices, despite inflationary cost pressures.
Read moreMondi shares slump as Ukraine plant suspends production
28th Feb 2022 12:32
(Sharecast News) - Shares in paper and packaging maker Mondi slumped on Monday as the company said it had suspended operations at its plant in the western Ukranian city of Lviv due to the Russian invasion.
Read moreMondi offloads PCC business to Nitto Denko
17th Feb 2022 07:11
(Sharecast News) - Packaging and paper group Mondi has agreed to offload its personal care components business to Nitto Denko for an enterprise value of €615.0m.
Read moreDirector dealings: Mondi chairman raises stake
20th Oct 2021 15:59
(Sharecast News) - Mondi revealed on Wednesday that chairman Philip Yea had acquired 5,000 ordinary shares in the FTSE 100-listed paper and packaging group.
Read moreMondi Q3 earnings rise amid higher prices, strong demand
7th Oct 2021 08:21
(Sharecast News) - Paper and packaging group Mondi reported a jump in third-quarter earnings on Thursday as it benefitted from higher prices and strong demand.
Read moreMondi trading remains positive in first half
5th Aug 2021 07:31
(Sharecast News) - Paper and packaging company Mondi reported higher sales volumes and higher average selling prices in its first half on Thursday, with underlying EBITDA of €709m (£604.38m), down from €738m year-on-year, and a margin of 19.5%.
Read moreMondi plans €125m upgrade to Finland mill
23rd Jun 2021 08:00
(Sharecast News) - Paper and packaging maker Mondi said it has approved a €125m investment project to upgrade its semi-chemical fluting mill in Kuopio, Finland.
Read moreMondi signs new €750m credit facility
4th Jun 2021 07:26
(Sharecast News) - Paper and packaging group Mondi has signed a new €750m five-year revolving credit facility agreement to refinance an agreement due to mature in July 2022.
Read moreMondi reports strong packaging demand
6th May 2021 07:43
(Sharecast News) - Mondi said demand was strong for its packaging as online shopping surged and customers looked for more eco-friendly products in the first quarter.
Read moreBuy DS Smith and Smurfit Kappa, Berenberg says
17th Mar 2021 09:16
(Sharecast News) - Berenberg upgraded DS Smith to 'buy' and initiated coverage of Smurfit Kappa with the same rating in an upbeat note on prospects for the paper and packaging sector.
Read moreThursday broker round-up
4th Mar 2021 13:25
(Sharecast News) - Weir: Deutsche Bank downgrades to hold with a target price of 2,000p.
Read moreFriday broker round-up
26th Feb 2021 13:47
(Sharecast News) - Reckitt Benckiser: Credit Suisse reiterates outperform with a target price of 7,800p.
Read moreDS Smith shares soar as Mondi reportedly mulls bid
25th Feb 2021 09:43
(Sharecast News) - Shares in UK paper and packaging firm DS Smith spiked on Thursday on reports rival group Mondi is considering a bid in what would be one of the largest British deals this year.
Read moreBofA says 'buy' Mondi, cuts Smurfit and DS Smith
8th Feb 2021 10:51
(Sharecast News) - Bank of America upgraded Mondi to 'buy' and cut Smurfit Kappa and DS Smith to 'hold' to take account of rising costs.
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