Tag: profit

Financial performance of the Russian timber industry began to improve but is still far from the 2021 peaks

Q1 2022 saw the historic high of timber enterprises’ quarterly revenue (740 billion rubles). The financial performance began to deteriorate drastically starting from Q2 2022 as European markets became unavailable. According to an estimate by WhatWood, in 2022,...

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...