Mondi says profit ahead of first quarter but below last year
Mondi, the paper and packaging company, has confirmed that its underlying operating profit for the second quarter of 2012 is expected to be higher than that of the first quarter, but below that the 175m euros achieved in the comparable prior year period.
Mondi, the paper and packaging company, has confirmed that its underlying operating profit for the second quarter of 2012 is expected to be higher than that of the first quarter, but below that the 175m euros achieved in the comparable prior year period.
As as result, underlying operating profit for the first half is also expected to be lower than that of same period last year.
Basic underlying earnings per share will be between 28 and 33 cents (2011: 38.2c), while basic earnings per share from combined operations will be between 29 and 34 cents (2011: 41.6c).
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The share price was flat as of 10:50.
NR
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
8 of the best houses for sale with wine cellars
The best houses for sale with wine cellars – from a Huguenot townhouse in a conservation area in Spitalfields, London, to a Georgian manor house in Lincoln with a barrel-vaulted wine cellar
By Natasha Langan Published
-
Twenty 'finfluencers' questioned under caution by the UK regulator
The individuals were interviewed voluntarily using the Financial Conduct Authority’s criminal powers
By Chris Newlands Published