LONDON (dpa-AFX) - Packaging and paper group Mondi plc. (MNDI.L) Tuesday confirmed that underlying operating profit for the half year ended June 30 is expected to be above that of the comparable prior year period of 490 million euros.
There have been no special items in the latest first half, compared to last year's charge of 36 million euros.
In its trading update, the company said it expects basic earnings per share between 73 euro cents and 77 euro cents, an increase of between 21% and 28% from last year's 60.3 pence.
Basic underlying earnings per share are expected to increase between 8% and 14% from last year's 67.8 euro cents.
Basic headline earnings per share are expected to increase between 21% and 28% from 60.1 euro cents last year.
Mondi is currently finalising its results for the half year, which will be released on August 4.
Copyright RTT News/dpa-AFX