financetom
Business
financetom
/
Business
/
Packaging firm Mondi posts sequential rise in first-quarter profit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BlackRock, Citadel-backed group to start new national stock exchange in Texas, WSJ reports
BlackRock, Citadel-backed group to start new national stock exchange in Texas, WSJ reports
Jun 4, 2024
(Reuters) - A group backed by BlackRock ( BLK ) and Citadel Securities is planning to start a new national stock exchange in Texas, the Wall Street Journal reported on Tuesday. The Texas Stock Exchange, which has raised about $120 million, plans to file registration documents with the Securities and Exchange Commission (SEC) later this year, the report added, citing...
X CEO Linda Yaccarino loses top lieutenant Joe Benarroch, WSJ reports
X CEO Linda Yaccarino loses top lieutenant Joe Benarroch, WSJ reports
Jun 4, 2024
June 4 (Reuters) - X Corp. Chief Executive Officer Linda Yaccarino's head of business operations, Joe Benarroch, is leaving the company, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Benarroch held significant sway as an adviser to Yaccarino, including overseeing corporate communications, WSJ said, citing his former employees. X did not immediately respond to a...
AT&T says issue disrupting some calls between wireless carriers resolved
AT&T says issue disrupting some calls between wireless carriers resolved
Jun 4, 2024
June 4 (Reuters) - AT&T ( T ) said late on Tuesday that an issue that had prevented making some calls to other wireless carriers had been resolved. Earlier, AT&T ( T ), Verizon and T-Mobile said they were all experiencing issues with some calls between carriers. The interoperability issue between carriers has been resolved. We collaborated with the other...
Judge cuts Bayer $2.25 billion Roundup verdict to $400 million
Judge cuts Bayer $2.25 billion Roundup verdict to $400 million
Jun 4, 2024
NEW YORK, June 4 (Reuters) - A Pennsylvania judge on Tuesday slashed a $2.25 billion U.S. verdict against Bayer to $400 million for a Pennsylvania man who said he developed cancer from exposure to the company's Roundup weedkiller. A jury in the Philadelphia Court of Common Pleas found that John McKivison's non-Hodgkins lymphoma was the result of using Roundup for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved