Mondi’s 2018 revenue up 5% to Euro 7.48 billion

Underlying EBITDA of Euro 1,764 million was up 19% on the prior year, with strong contributions from Fibre Packaging and Uncoated Fine Paper.

A combination of higher selling prices, strong operational performance, the contribution from acquisitions and the benefits of its ongoing cost reduction initiatives more than offset higher variable and fixed costs and negative currency effects. Underlying operating profit of Euro 1,318 million was up 28% on the prior year. After taking into consideration the impact of special items of Euro 126 million, operating profit of Euro 1,192 million was up 23%.