MONDILTDP:  34,788   0 (0.00%)  18/10/2018 00:00

Mondi Q3 Underlying EBITDA Up 30 Pct

Oct 11 (Reuters) - Mondi PLC:

* UNDERLYING EBITDA FOR Q3 OF 2018 OF EUR 466 MILLION WAS 30% UP ON COMPARABLE PRIOR YEAR PERIOD

* LIKE-FOR-LIKE SALES VOLUMES FOR QUARTER WERE UP ON COMPARABLE PRIOR YEAR PERIOD

* CONTINUE TO SEE MANAGEABLE UPWARD PRESSURE ON OUR COST BASE WITH INPUT COSTS UP ON COMPARABLE PRIOR YEAR PERIOD

* PLANNED MILL MAINTENANCE SHUTS DURING QUARTER HAD AN ESTIMATED IMPACT ON UNDERLYING EBITDA OF AROUND EUR 30 MILLION

* CONTINUE TO ESTIMATE THAT IMPACT OF MAINTENANCE SHUTS ON UNDERLYING EBITDA FOR 2018 WILL BE AROUND EUR 115 MILLION

* Q4 WILL BE IMPACTED BY LARGE PROJECT RELATED SHUT AND RAMP-UP AT STETI MILL, RESTRUCTURING INITIATIVES IN INDUSTRIAL BAGS Source text for Eikon: Further company coverage:

2018-10-11 08:32:20

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