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Mondi Plc Says Q3 Like-For-Like Sales Volumes Were Marginally Lower

Thursday, 10 Oct 2019

Oct 10 (Reuters) - Mondi PLC ::REG-MONDI PLC: TRADING UPDATE.MONDI PLC - DEMAND IN Q3 REMAINED GENERALLY SOFTER ACROSS MARKETS.MONDI PLC - Q3 LIKE-FOR-LIKE SALES VOLUMES WERE, ON AVERAGE, MARGINALLY LOWER THAN COMPARABLE PRIOR YEAR PERIOD.MONDI PLC - UNDERLYING EBITDA FOR Q3 OF 2019 WAS EUR 383 MILLION, DOWN 18%.MONDI -CONTINUE TO ESTIMATE THAT IMPACT OF PLANNED MILL MAINTENANCE SHUTS ON UNDERLYING EBITDA FOR 2019 WILL BE AROUND EUR 150 MILLION, 2018: EUR 110 MILLION.MONDI PLC - LOWER AVERAGE SELLING PRICES COUPLED WITH ANTICIPATED LOWER FORESTRY FAIR VALUE GAIN IMPACTED RESULTS.MONDI PLC - PLANNED MILL MAINTENANCE SHUTS DURING QUARTER HAD AN ESTIMATED IMPACT ON UNDERLYING EBITDA OF AROUND EUR 40 MILLION.MONDI PLC - AS CO ENTERS Q4, PRICES WERE, ON AVERAGE, MARGINALLY BELOW THOSE OF Q3.MONDI - IMPACT OF LOWER PRICING EXPECTED TO BE LARGELY OFFSET BY EASING OF PRESSURE ON COST BASE, SUPPORTED BY ONGOING PROFIT IMPROVEMENT INITIATIVES.MONDI PLC - GROUP WILL BE ORGANISED ACROSS FOUR BUSINESS UNITS INCLUDING CORRUGATED PACKAGING, FLEXIBLE PACKAGING, ENGINEERED MATERIALS.MONDI PLC - UNCOATED FINE PAPER REMAINS UNCHANGED.MONDI PLC - REORGANISATION HAS NO IMPACT ON OVERALL GROUP RESULT..

Mayr-Melnhof Karton: Franz Rappold Resigns From Management Board

Wednesday, 24 Apr 2019

April 24 (Reuters) - MAYR MELNHOF KARTON AG ::FRANZ RAPPOLD RESIGNS FROM THE MANAGEMENT BOARD.MAYR MELNHOF KARTON - RAPPOLD RESIGNS AT HIS OWN REQUEST FROM MANDATE, WHICH WOULD HAVE EXPIRED MID-MAY 2020, PREMATURELY BY END OF JUNE 2019..TRANSFER OF MANAGEMENT RESPONSIBILITY WILL TAKE PLACE WITHIN LONG-TERM SUCCESSION PLANNING.

DS Smith Explores Sale of Plastics Division; HY Profit Rises

Thursday, 6 Dec 2018

Dec 6 (Reuters) - DS Smith PLC ::DS SMITH PLC -HY REPORTED REVENUE £3,073M +15%.DS SMITH PLC - HY ADJUSTED OPERATING PROFIT £304M +32%.DS SMITH PLC - HY PROFIT BEFORE TAX £162M +27%.DS SMITH PLC - INTERIM DIVIDEND PER SHARE 5.2P +14%.DS SMITH PLC - OUTLOOK REMAINS POSITIVE AS WE BEGIN OUR SECOND HALF WITH GOOD MOMENTUM.DS SMITH PLC - RECOVERY OF PAPER PRICE INCREASES THAT HAS BEEN ONGOING OVER PAST 12 - 18 MONTHS IS NOW COMPLETED.DS SMITH - HAS CONCLUDED THAT IT IS AN ATTRACTIVE ASSET WITH GOOD GROWTH PROSPECTS, AND NOW EXPLORING OPPORTUNITIES FOR A POTENTIAL SALE OF DIVISION.DS SMITH PLC - AS SUCH, PLASTICS DIVISION IS NOW BEING TREATED AS DISCONTINUED.

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