Mondi Q3 earnings fall on weak demand, lower prices

10th Oct 2019 07:04

(Sharecast News) - Third quarter core earnings at paper manufacturer Mondi fell 18% year on year as demand remained soft and prices weakened compared with the first half of the year.

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Thursday preview: UK GDP, Mondi in focus

9th Oct 2019 16:32

(Sharecast News) - The focus on Thursday will be on a raft of UK economic data, including a reading on gross domestic product and industrial production in August.

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Friday broker round-up

10th May 2019 13:00

(Sharecast News) - Auto Trader: Citigroup downgrades to neutral with a target price of 580p.

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Higher prices help Mondi post 16% rise in Q1 earnings

9th May 2019 07:04

(Sharecast News) - Higher prices and acquisitions helped paper and packaging maker Mondi report a 16% rise in first quarter earnings.

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FTSE 100 movers: Taylor Wimpey drops on update; paper companies rally

25th Apr 2019 15:29

(Sharecast News) - London's FTSE 100 was down 0.6% at 7,425.37 in afternoon trade on Thursday.

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Mondi seeks new chair as Phashwana and Williams announce retirements

19th Mar 2019 11:59

(Sharecast News) - Mondi is looking for a new chairman after the paper and packaging company's joint chairs announced plans to retire.

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Wednesday broker round-up

6th Mar 2019 13:39

(Sharecast News) - Ibstock: UBS downgrades to neutral with a target price of 270p.

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Mondi posts strong financials as it continues to invest in operations

28th Feb 2019 07:26

(Sharecast News) - Mondi reported lower revenue than expected for 2018 and said pricing is "mixed" going into 2019, but profits were stronger than forecast and the dividend was hiked 23%.

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Wednesday broker round-up

27th Feb 2019 13:13

(Sharecast News) - Tullow Oil: Jefferies downgrades to hold with a target price of 222p.

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Mondi sees FY earnings higher than 2017

15th Feb 2019 07:05

(Sharecast News) - Paper and packaging giant Mondi said it expected full year underlying earnings before interest, tax, depreciation and amortisation to be higher than 2017's €1.482bn.

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Sector movers: Oil services and packaging makers lead rise

4th Jan 2019 15:22

(Sharecast News) - Oil-related and mining companies were again leading the charge in London on Friday, while supermarkets were one of the few sectors in the red.

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Mondi pressing ahead with new kraft top white machine in Slovakia

15th Oct 2018 15:37

(Sharecast News) - Mondi announced on Monday that, having recently obtained the necessary permitting, it was now proceeding with the investment in a new 300,000 tonne-per-annum kraft top white machine at Ruzomberok in Slovakia, with start-up expected towards the end of 2020.

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Thursday broker round-up

11th Oct 2018 13:05

(Sharecast News) - Restaurant Group: HSBC upgrades to buy with a target price of 370p.

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Mondi bags a 30% third quarter profit boost

11th Oct 2018 07:45

(Sharecast News) - Paper and packaging group Mondi said third quarter underlying earnings rose 30% to €466m (£407m) year-on-year, boosted by higher average selling prices across fibre packaging and uncoated fine paper, cost containment and recent acquisitions.

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Sector movers: Damaged packages, telecoms called up

10th Oct 2018 14:42

(Sharecast News) - Telecoms stocks were ringing up gains on Wednesday, while packaging companies were dented.

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