Jamie Carr Columnist

Every parent’s ambition is to equip the fruit of their loins with the tools to fly once they have left the nest, so the suits over at Anglo must be brimming with pride at the success of Mondi since it demerged from the mothership in 2007 and sailed off under its own steam. Mondi has become a global powerhouse, with 26,000 employees in 30 countries, and its latest results paint a picture of a machine humming along remarkably effectively. Mondi’s success in the past year was largely driven by getting the basics right, with a strong operational performance delivering productivity gains backed up with a sharp focus on cost containment. Demand was solid in the packaging businesses, and any regular user of Amazon would suspect the future of the sector must be remarkably rosy due to the e-commerce giant’s apparent determination to send the smallest of orders in a box the size of a fairly serviceable coffin. In its results announcement, Mondi places particular emphasis on the importance of ...

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