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Packaging Firm Mondi Posts 30% Rise In EBITDA in Third Quarter

Published on Oct 11 2018 11:05 AM in Packaging And Design tagged: South Africa / Mondi / Paywall / Fibre Packaging / kraft paper

Packaging Firm Mondi Posts 30% Rise In EBITDA in Third Quarter

Packaging firm Mondi has posted a 30% increase in underlying EBITDA for the third quarter of its financial year, of €466 million, up from €359 million in the same period last year.

In a trading statement, the group said that like-for-like sales volumes in the quarter were up on the previous comparable year, largely due to strong growth in its Fibre Packaging operations.

In addition, selling prices for Mondi's key paper grades were 'significantly up' on the previous year.

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