Packaging firm Mondi posts sequential rise in first-quarter profit
ReutersMay 8, 2025 7:34 AM
May 8 (Reuters) - Mondi MNDI.L 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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