BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Mondi plc (MNDI.L) reported that its third quarter underlying EBITDA from continuing operations excluding Russian operations was 450 million euros, up 55% from last year. The Group noted that higher average selling prices and overall volume growth more than offset significant cost pressures.
Mondi plc said its 1 billion euros expansionary capital investment programme is progressing well, and expects these projects to deliver mid-teen returns when in full operation.
Looking forward, the Group is confident that it will continue to demonstrate resilience and deliver a year of good progress.
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