Jefferies says 'buy' DS Smith and Smurfit Kappa
7th Jan 2021 10:03
(Sharecast News) - Jefferies upgraded its ratings for DS Smith and Smurfit Kappa shares to 'buy' as the broker predicted positive trading for packaging companies helped by ecommerce and environmental pressures.
Read moreMondi buys Turkish packaging firm Olmuksan for €66m
5th Jan 2021 08:06
(Sharecast News) - Paper and packaging firm Mondi said it was buying 90.38% of the outstanding shares in Turkish peer Olmuksan International Paper for €66m (£60m).
Read moreEarnings slip at Mondi despite lower costs
15th Oct 2020 07:25
(Sharecast News) - Mondi said its underlying EBITDA for the third quarter was 20% lower year-on-year at €306m (£276.55m), despite lower costs.
Read moreSector movers: Forestry and Paper stocks bid higher after upbeat industry forecasts
23rd Sep 2020 12:25
(Sharecast News) - Cyclicals were at the fore on Wednesday, with Forestry and Paper stocks topping the leaderboard on the back of upbeat medium-term projections from two trade groups.
Read moreMondi restarts dividends after 'robust' trading
6th Aug 2020 07:47
(Sharecast News) - Mondi restarted paying dividends as the paper and packaging company reported a 26% decline in first-half profit after the Covid-19 crisis reduced demand for its products.
Read moreFerguson CFO Powell stepping down to join Mondi
26th May 2020 07:45
(Sharecast News) - Plumbing and heating parts distributor Ferguson said on Tuesday that chief financial officer Mike Powell has resigned to take up the same role at paper and packaging company Mondi.
Read moreTuesday broker round-up
14th Apr 2020 13:25
(Sharecast News) - Smith & Nephew: Citigroup downgrades to neutral with a target price of 1,700p.
Read moreMondi pulls dividend, cuts capex spend
9th Apr 2020 07:32
(Sharecast News) - Paper and packaging maker Mondi pulled its dividend and cut capital expenditure by up to €200m as plant closures forced by the coronavirus crisis hit production.
Read moreMondi FY revenues dip as average selling prices, volumes decline
27th Feb 2020 07:26
(Sharecast News) - Packaging and paper manufacturer Mondi reported a decline in full-year revenue on Thursday amid "challenging" trading conditions.
Read moreThursday broker round-up
20th Feb 2020 13:40
(Sharecast News) - Travis Perkins: Citigroup upgrades to buy with a target price of 1,900p.
Read moreMondi finance chief Andrew King named as next CEO
18th Feb 2020 07:54
(Sharecast News) - Mondi's finance chief Andrew King will be the paper and packaging company's next chief executive after current boss Peter Oswald steps down.
Read moreMondi CEO steps down
10th Jan 2020 07:01
(Sharecast News) - Paper and packaging firm Mondi said chief executive Peter Oswald would step down and leave the group on March 31.
Read moreTuesday broker round-up
15th Oct 2019 12:47
(Sharecast News) - Ocado: JP Morgan downgrades to underweight with a target price of 1,050p.
Read moreMonday broker round-up
14th Oct 2019 13:29
(Sharecast News) - Hochschild Mining: Berenberg upgrades to hold with a target price of 180p.
Read moreFriday broker round-up
11th Oct 2019 12:40
(Sharecast News) - Whitbread: Deutsche Bank downgrades to sell with a target price of 3,650p.
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