Mondi’s earnings slip despite cost cuts

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Mondi’s earnings slip despite cost cuts 🔒

Lower average selling prices and negative currency effects offset paper and pulp packaging group Mondi’s lower costs in the third quarter of 2020.

The world’s largest producer of dissolving wood pulp has remained resilient despite Covid-19, saying it is in a position to resume dividend payments. It also remains positive for the year.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

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