Mondi plc (GB:MNDI) has released an update.
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Mondi plc reported a sound performance with €565 million in underlying EBITDA for H1 2024, benefiting from favorable market conditions, price increases, and declining input costs. Despite a drop from the previous year, the company is on track with its €1.2 billion investment in organic growth, with significant EBITDA contributions expected from 2025. An interim dividend of 23.33 euro cents per share was declared, maintaining shareholder distributions.
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