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Packaging Group Mondi Sees Operating Profits Increase In Q1

Published on May 16 2018 4:00 PM in Packaging And Design tagged: Trending Posts / Mondi / Paywall / Paper Packaging / Quarterly Reports

Packaging Group Mondi Sees Operating Profits Increase In Q1

Packaging group Mondi has reported a 15% increase in operating profit to €295 million in the first quarter of its financial year.

The group added that this figure is a 6% increase on the previous quarter.

It said higher-than-average selling prices and profit improvement initiatives across the company more than offset higher operating costs, as well as the impact of maintenance shuts and negative currency effects.

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