Mondi’s half-year results impacted by lower deliveries and price pressure

Michal Jarcyński, CEO, Arctic Paper, called the course of business in the second quarter of 2023 a challenge. Demand decreased compared to the corresponding prior-year quarter, which was one of the best in the company’s history, and the volatility of the pulp and paper markets reminded the company of the importance of...

Earnings of South African company Sappi for the current year’s third quarter have been hit by the difficult global economy and significantly weaker pulp and paper markets. The company posts an Ebitda figure of $106m for the reporting period excluding special items contrasting with $371m for the same quarter last year...

In the first half of the 2023 financial year, Irish paper and packaging group Smurfit Kappa was able to hold its ground. “We are pleased to deliver an excellent outcome against a challenging macro backdrop with a strong first half performance,” said Tony Smurfit, Group CEO, when presenting the results. “Although...