Advertise your job vacancies

Subscribe & Follow

Jobs

Maintenance Manager/Scheduler/Maintenance Planner Pretoria
General Manager Cape Town
Financial Administrator Cape Town
Litho Supervisor Cape Town
Vinyl Installer Cape Town
Cosmetic Manufacturer / Compounder Cape Town
Internal Sales Administrator Vaal
E-commerce Marketplace & Performance Manager Cape Town
Quality Control Inspector - Trainee Vaal

Mondi profits expected to be €270m

Mondi said on Tuesday (30 July) that for the six months ended June‚ its basic headline earnings per share are expected to be between 43c and 48c, up from 30.9c in the previous year.

30 Jul 2013

Its basic underlying earnings per share are seen at between 46c and 51c from 30.9c and its basic earnings per share are expected to be between 32c and 37c from 31.7c last year.

In a trading update the group said it can confirm that the underlying operating profit for the second quarter is expected to be higher than that of the first quarter at €162m and higher than last year's figure for the comparable period of €150m.

Underlying operating profit for the six months is expected to be €270m.

In the six months ended June 2012‚ the group recognised a net special item gain after tax of €4m. The special items charge for the six months ended June this year are around €68m and relate to restructuring activities and impairment charges in the uncoated fine paper operations in Austria (€50m) and in the newsprint operations in South Africa (€18m) as well as the closure of the Lindlar consumer packaging operation in Germany (€13m)‚ with net tax relief of €13m.

Mondi's results will be released in August.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za