It’s funny how companies sometimes seem to synchronise their earnings releases. A week ago, the retailers timed it perfectly with three grocery releases in a single day. This past week, Sappi and Mondi managed to release updates on the same day.
This division is now disclosed as a discontinued operation, as Mondi is hoping to dispose of the Russian business. As the price achieved for such a disposal is likely to be low, it helps that the group’s balance sheet looks a lot stronger than it did a year ago. Net debt to Ebidta is only 0.8x. The results have supported an 8% increase in the interim dividend.
The other businesses are running at Ebidta margins comfortably above 50%, with MTN Ghana putting in a particularly stunning performance of 36% Ebidta growth and a 57.4% Ebidta margin.
Mondi may have missed the boat with disposing of the Russian assets.
I started trading few months ago and have earned minimum R100,000 in the past few months, Chrissdiazn has been managing my portfolio for me he's good at he's job, just ask him how to get started with trading.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
THE FINANCE GHOST: Tech execs need to apply the brakesA spending binge by tech bosses shows no sign of stopping - even as profits and cashflows retreat, writes FinanceGhost.
ソース: FinancialMail - 🏆 20. / 63 続きを読む »