Cost control and diversification boost Mondi’s earnings
Analyst says acquisitions and higher selling prices boosted the packaging and paper industry
23 July 2019 - 10:18
Mondi’s earnings for the six months to end-June are set to surge as much as 37% even as global economic growth slows, thanks to tight cost control and diverse products.
The strong earnings growth in the packaging and paper sector is, however, expected to reverse in the next six to 12 months due to pressure on demand and selling prices, according to an analyst...
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