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Mondi reports strong first-quarter earnings growth

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Underlying earnings will be affected by higher maintenance costs in 2019, the group says, although it saw lower costs in its first quarter

Packaging and paper group Mondi on Thursday reported a healthy rise in first-quarter earnings, driven by higher average selling prices and slightly lower maintenance costs.

Like-for-like sales volumes were marginally lower compared to the prior comparative period, but selling prices for the group's key paper grades, were, on average, higher, the group said in a statement.

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