October 17, 2024 06:45 GMT
BASIC INDUSTRIES: Mondi (MNDILN Baa1/A-/NR): 3Q24 Trading Update
BASIC INDUSTRIES
- Underlying EBITA fell 36% QoQ, with planned maintenance and a forestry impairment driving 70% of the impact. Seasonality and input cost inflation were behind the remainder.
- It describes trading conditions as “muted” on macro uncertainty.
- Consensus sees an EBITDA pickup for 2H overall, which would require a strong 4Q.
- Webcast 09.00 BT https://register.vevent.com/register/BI8f07b89af1084e86ba6bbe5f19ea32ab.
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