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Profits slide at Mondi

Weak demand, customer destocking and higher input costs packed a punch in the first half of 2023
August 4, 2023
  • Russian arm still causing problems
  • Margins under pressure

Shares in Mondi (MNDI) fell by 6 per cent after the packager’s interim results revealed that “demand and prices had declined sequentially with the exception of containerboard prices which stabilised in the later part of the half year”. 

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