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Mondi Says Andrew King To Be Appointed Group CEO
Mondi CEO Peter Oswald To Step Down
Mondi Plc Says Reorganisation Has No Impact On Overall Group Result
Mondi PLC is a United Kingdom-based packaging and paper company. The Company provides packaging and paper solutions. It manages forests and produces pulp, paper and plastic films, and develops and manufactures industrial and consumer packaging solutions. It operates through three segments: Fibre Packaging, Consumer Packaging and Uncoated Fine Paper. Fibre Packaging segment offers various product types, such as container board, Kraft paper, pulp, corrugated packaging and industrial bags. Consumer Packaging segment offers various product types, such as consumer goods packaging, personal care component, technical film and release liner. Uncoated Fine Paper segment provides various types of product, including uncoated fine paper and newsprint. The Company serves various industries, such as agriculture, automotive, building and construction, home and personal care, pet care, medical and pharmaceutical, and shipping and transport.
Building 1, Aviator Park, Station Road
David M. Williams
Independent Non-Executive Chairman of the Board
Peter Josef Oswald
Group Chief Executive Officer, Executive Director
Andrew Charles Wallis King
Chief Financial Officer, Executive Director
Chief Executive Officer, Fibre Packaging/Paper
Chief Executive Officer, Consumer Packaging
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Paper and packaging firm Mondi Plc's chief executive officer Peter Oswald is stepping down after nearly three years in the role overseeing the company's shift to producing more cardboard packaging whilst battling rising industry costs.
Paper packaging company Mondi Plc said on Friday that Chief Executive Officer Peter Oswald would step down after nearly three years in the role.
Packaging firm Mondi Plc said it is simplifying its structure to become a simple combined company from its current dual-listed form, having a primary listing on the London Stock Exchange.
The UK's top share index climbed on Friday as cyclical stocks recovered thanks to a respite from trade and Brexit worries, while results from Mondi and RBS were well-received.
Mondi, looked to e-commerce and environmentally conscious consumers to drive growth, after the packaging firm reported a 25 percent increase in half-year underlying profit on Friday.
The UK's top share index climbed higher on Friday as cyclical stocks recovered thanks to a respite from trade and Brexit worries, while results from Mondi and RBS were well-received.
Packaging and paper group Mondi, reported a 25 percent increase in half-year underlying profit, benefiting from higher average selling prices, good demand across its packaging businesses and profit improvement initiatives across the group.
Mondi has agreed to buy a privately-owned industrial bags maker operating in Egypt for 23.7 million euros ($28.75 million) to expand deeper into the Middle East, the South African packaging group said on Monday.
Mondi will acquire a privately-owned industrial bags producer operating in Egypt for 23.7 million euros ($28.75 million), it said on Monday as the packaging group expands deeper into the Middle East region.
Packaging group Mondi <MNDI.L><MNDJ.J> will pay a special dividend of 1 euro per share after resuming profit growth on improved demand and average selling prices, trumpeting its ability to offset any further cost inflation this year.
Paper and packaging group Mondi announced a special payout of 100 euro cents per share after full-year underlying profit rose 4 percent, benefiting from solid demand and higher average selling prices in most of its businesses.
South African packaging and paper company Mondi reported an 8 percent rise in quarterly underlying operating profit on Wednesday helped up higher prices but said its full-year would miss expectations.
Packaging and paper company Mondi's half-year underlying profit fell 6 percent after the valuation of its forestry assets in South Africa rose less than the year before and due to the impact of mill maintenance shutdowns, it said on Thursday.
South African packaging and paper company Mondi said on Thursday underlying operating profit for the first quarter of 2017 was down 6 percent due to lower selling prices and inflationary cost pressures.
EU antitrust regulators raided a number of kraft paper and industrial paper sack makers including South Africa's Mondi on Tuesday on suspicion that the companies may have been involved in a cartel.
South African paper and packaging company Mondi's <MNDJ.J> 2016 underlying profit rose, helped by good performance in all its businesses despite pricing pressure in a number of key paper grades.
South Africa's Mondi <MNDJ.J> bought UK-based packaging firm Excelsior Technologies for 33 million pounds ($41 million) from funds managed by private equity firm Endless LLP and certain minority shareholders, the firm said on Monday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.