Mondi plc (GB:MNDI) has released an update.
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Mondi plc reported a sound performance with €565 million in underlying EBITDA for H1 2024, benefiting from favorable market conditions, price increases, and declining input costs. Despite a drop from the previous year, the company is on track with its €1.2 billion investment in organic growth, with significant EBITDA contributions expected from 2025. An interim dividend of 23.33 euro cents per share was declared, maintaining shareholder distributions.
For further insights into GB:MNDI stock, check out TipRanks’ Stock Analysis page.
