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Mondi Ltd. - trading statement
Mondi is currently finalising its results for the half year ended 30 June 2019, which will be released in August 2019. Mondi expects underlying EBITDA for the half year ended 30 June 2019 to be above that
of the comparable prior year period of EUR852 million.
Accordingly, Mondi advises that it expects earnings per share (EPS) for the half year ended 30 June 2019 to be within the ranges shown below:
- basic underlying EPS (euro cents) 93 to 99 (2018: 89.2), an increase of between 4% and 11%
- basic EPS (euro cents) 93 to 99 (2018: 72.5), an increase of between 28% and 37%
- basic headline EPS (euro cents) 93 to 99 (2018: 85.1), an increase of between 9% and 16%
Mondi has disclosed basic underlying EPS, which is defined as basic EPS excluding the impact of special items, as the directors believe this provides a useful additional measure of the Group's earnings performance that is comparable from year to year. Mondi has disclosed basic EPS which includes the effect of special items. The disclosure of basic headline EPS is mandated under the Listings Requirements of the JSE Ltd. and has been calculated in accordance with Circular 4/2018 ‘Headline Earnings', as issued by the South African Institute of Chartered Accountants.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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