Pulp & Paper News

Mondi trading statement: 1H 2014 underlying operating profit expected to be above year-earlier period

JOHANNESBURG, South Africa , July 29, 2014 (Press Release) - 

In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by at least 20% from those of the previous corresponding period.

Mondi is currently finalising its results for the half year ended 30 June 2014, which will be released on 7 August 2014. It can now be confirmed that underlying operating profit for the half year ended 30 June 2014 is expected to be above that of the comparable prior year period of EUR367 million.

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