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Mondi PLC (MNPJ.J)

MNPJ.J on Johannesburg Stock Exchange

34,574.00ZAc
25 May 2018
Change (% chg)

-266.00 (-0.76%)
Prev Close
34,840.00
Open
34,840.00
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35,311.00
Day's Low
34,500.00
Volume
377,425
Avg. Vol
567,313
52-wk High
38,551.00
52-wk Low
28,907.00

Latest Key Developments (Source: Significant Developments)

Twin Rivers Paper Co To Acquire Pine Bluff, Arkansas Paper Mill From Mondi
Wednesday, 4 Apr 2018 11:00am EDT 

April 4 (Reuters) - ‍Twin Rivers Paper Co::TWIN RIVERS PAPER ANNOUNCES AGREEMENT TO ACQUIRE PINE BLUFF, ARKANSAS PAPER MILL FROM MONDI GROUP.ACQUISITION OF PAPER MILL FROM MONDI IS ANTICIPATED TO BE COMPLETED IN Q2 2018, TERMS OF DEAL WERE NOT DISCLOSED​.  Full Article

Mondi Posts ‍FY Revenue Of 7,096 Million Euros, Up 7 Pct​
Friday, 2 Mar 2018 02:00am EST 

March 2 (Reuters) - Mondi Plc ::‍FY REVENUE OF EUR7,096 MILLION, UP 7%​.‍FY UNDERLYING EBITDA OF EUR1,444 MILLION, UP 6%​.‍FY UNDERLYING EBITDA OF EUR1,444 MILLION, UP 6%​.‍FY UNDERLYING OPERATING PROFIT OF EUR1,018 MILLION, UP 4%​.‍FY PROFIT BEFORE TAX OF EUR887 MILLION, UP 5%​.‍RECOMMENDED FULL YEAR ORDINARY DIVIDEND OF 62.0 EURO CENTS PER SHARE, UP 9%​.‍IN ADDITION, RECOMMENDED SPECIAL DIVIDEND OF 100.0 EURO CENTS PER SHARE​.‍OVER EUR750 MILLION OF APPROVED MAJOR CAPITAL EXPENDITURE PROJECTS IN PROGRESS, SECURING A STRONG GROWTH PIPELINE​.MONDI - ‍STRONG UPWARD MOMENTUM IN PRICING ACROSS OUR KEY PRODUCT SEGMENTS IN PACKAGING PAPER AND FIBRE PACKAGING OVER COURSE OF 2017 AND INTO EARLY 2018​.HY DILUTED HEADLINE EPS ‍145.9​ EURO CENTS.  Full Article

Mondi Says ‍Signed Agreement To Acquire Powerflute Group Holdings
Friday, 22 Dec 2017 03:00am EST 

Dec 22 (Reuters) - Mondi Plc ::‍SIGNED AGREEMENT TO ACQUIRE 100% OF OUTSTANDING SHARES IN POWERFLUTE GROUP HOLDINGS OY.‍DEAL FOR A TOTAL CONSIDERATION OF EUR 365 MILLION ON AN ENTERPRISE VALUE BASIS​.‍FOR YEAR ENDED 31 DEC 2017, CO IS EXPECTED TO GENERATE REVENUES OF AROUND EUR 183 MILLION​.  Full Article

Mondi posts Q3 ‍underlying operating profit of 245 mln euros
Wednesday, 11 Oct 2017 02:00am EDT 

Oct 11 (Reuters) - MONDI PLC ::‍UNDERLYING OPERATING PROFIT FOR Q3 OF 2017 OF EUR 245 MILLION WAS 8% ABOVE COMPARABLE PRIOR YEAR PERIOD​.‍Q3 LIKE-FOR-LIKE SALES VOLUMES WERE ABOVE COMPARABLE PRIOR YEAR PERIOD​.Q3 ‍COSTS WERE GENERALLY HIGHER THAN COMPARABLE PRIOR YEAR PERIOD AND PREVIOUS QUARTER​.‍"WE REMAIN CONFIDENT OF MAKING PROGRESS FOR YEAR AND EXPECT A STRONG FINAL QUARTER"​.  Full Article

Moody's upgrades Mondi to BAA1, says outlook stable
Thursday, 7 Sep 2017 06:08am EDT 

Sept 7 (Reuters) - Mondi Plc ::MOODY'S UPGRADES MONDI TO BAA1; STABLE OUTLOOK.  Full Article

Mondi postpones eur 135 mln investment at at Steti mill, Czech Republic
Tuesday, 29 Aug 2017 08:30am EDT 

Aug 29 (Reuters) - Mondi Plc :DECIDED TO POSTPONE ITS EUR 135 MILLION INVESTMENT IN A NEW 90,000 TONNE PER ANNUM MACHINE GLAZED SPECIALITY KRAFT PAPER MACHINE AT ITS STETI MILL IN CZECH REPUBLIC."RECENTLY ANNOUNCED INDUSTRY CAPACITY EXPANSIONS ARE EXPECTED TO RESULT IN A MARKET IMBALANCE OVER PERIOD IN WHICH NEW MACHINE WAS PLANNED TO COME ON LINE" - CEO​.THERE IS NO CHANGE TO EUR 335 MILLION INVESTMENT IN MODERNISING MILL, WHICH IS PROGRESSING AS PLANNED.  Full Article

Mondi posts HY pre-tax profit 462 million euros
Thursday, 3 Aug 2017 02:00am EDT 

Aug 3 (Reuters) - MONDI PLC ::HY GROUP REVENUE 3,582 MILLION EUROS VERSUS 3,312 MILLION EUROS YEAR AGO.HY PROFIT BEFORE TAX 462 MILLION EUROS VERSUS 482 MILLION EUROS YEAR AGO.DECLARES INTERIM DIVIDEND OF 19.10 EURO CENTS VERSUS 18.81 EURO CENTS YEAR AGO.NET DEBT AT 30 JUNE 2017 WAS 1,468 MILLION EUROS.SECOND HALF OF YEAR WILL BE IMPACTED BY PLANNED MAINTENANCE SHUTS AT NUMBER OF MILLS AND USUAL SEASONAL DOWNTURN IN UNCOATED FINE PAPER.WITH EFFECT FROM 1 OCTOBER 2017, GROUP WILL REORGANISE ITS BUSINESS UNITS TO REFLECT NATURE OF UNDERLYING PRODUCTS PRODUCED.UNCOATED FINE PAPER AND SOUTH AFRICA, EXCLUDING CONTAINERBOARD OPERATIONS, WILL BE MERGED INTO SINGLE BUSINESS UNIT.CONTAINER BOARD OPERATIONS OF SOUTH AFRICA WILL BE MERGED INTO PACKAGING PAPER.SAYS THERE WILL BE NO CHANGES TO FIBRE PACKAGING OR CONSUMER PACKAGING BUSINESS UNITS.SAYS REORGANISATION WILL HAVE NO IMPACT ON OVERALL GROUP RESULT.SAYS HY HEADLINE EPS 72.6 EURO CENTS.  Full Article

Mondi posts Q1 underlying operating profit of 252 mln euros
Thursday, 11 May 2017 02:17am EDT 

May 11 (Reuters) - Mondi Plc ::Says Q1 underlying operating profit of EUR 252 million was 6% down on comparable prior year period (EUR 269 million).Says underlying operating profit was up 12% on Q4 of 2016 (EUR 225 million) as group benefited from higher sales volumes and prices.Says sales volumes grew across group's packaging paper, fibre packaging and consumer packaging business units compared to Q1 2016.Says experiencing some inflationary cost pressures across group and forestry fair value gain is expected to be lower than in 2016.  Full Article

Mondi says European Commission inspecting its Vienna office
Tuesday, 7 Mar 2017 07:30am EST 

Mondi Plc : European Commission Conducts Inspection At Mondi’S Vienna Office . Mondi understands investigation is focused on Kraft paper and industrial bags. . Group is fully cooperating with investigation .Mondi is not aware of any wrongdoing or contravention of relevant legislation.  Full Article

Mondi posts 3 pct rise in FY underlying operating profit to 981 mln euros
Thursday, 23 Feb 2017 02:40am EST 

Mondi PLC : FY underlying operating profit of eur 981 million, up 3% . FY group revenue 6.66 bln euros versus 6.82 bln euros year earlier . FY underlying operating profit 981 million euros versus 957 million euros year earlier . FY basic underlying earnings per share 137.8 euro cents versus 133.7 euro cents . Total dividend per share 57.0 euro cents versus 52.0 euro cents year earlier . Outlook for the business is positive . Expect some inflationary cost pressures across group and a lower forestry fair value gain . Anticipate more challenging trading environment in certain uncoated fine paper markets following price erosion in europe over course of 2016 . Expect to benefit from recently completed capital project, m&a, together with steady organic growth in our downstream converting businesses . In 2017, Syktyvkar shut is planned for first half of year and Ruzomberok and Neusiedler mill shuts are scheduled for second half . "Expect tax rate to be around 22%" . Recognised deferred tax assets related to previously unrecognised tax losses which we now expect to be able to utilise in coming years .Expect to ramp up production over course of 2017.  Full Article

UPDATE 1-Packaging group Mondi to buy Egypt-based industrial bags maker

JOHANNESBURG, April 30 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.