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Packaging firm Mondi posts sequential rise in first-quarter profit
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Packaging firm Mondi posts sequential rise in first-quarter profit
May 26, 2025 3:48 AM

May 8 (Reuters) - Mondi ( MNODF ) reported a sequential

growth in first-quarter core profit on Thursday, as a check on

costs and fewer maintenance shutdowns helped the British

packaging company offset lower prices, sending shares nearly

2.5% higher.

The company said its underlying earnings before interest,

taxes, depreciation, and amortisation for the three-month period

ended March 31 stood at 290 million euros ($327.21 million),

compared with 261 million euros in the fourth quarter of 2024.

($1 = 0.8863 euros)

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