Mondi expects operating profit above €367 million - CNBC Africa

Mondi expects operating profit above €367 million

Earnings

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Mondi is an international paper and packaging group. PHOTO: Wikipedia

The international paper group [DATA MND:Mondi Limited] is currently finalising its results for the period which is set to be released on 7 August 2014.

Basic underlying earnings per share (EPS) for the period are expected to be between 49 and 54 euro cents, compared to 49.4 euro cents last year while basic EPS and basic headline EPS set to be between 46 and 51 euro cents.

(READ MORE: Mondi H1 earnings up 11 per cent, increase in dividend per share )

The group posted a net special charge after tax of 16 million euros for the period relating to restructuring activities in its Coating Business. In June 2013 however, a net special item charge of 68 million euros was reported.

(READ MORE: Mondi acquires Graphic Packaging's kraft business)

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