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Lower prices and soft demand hit Mondi – Business Day

Lower prices and soft demand hit Mondi – Business Day

Paper and packaging group’s earnings dive 18% in the three months to end-September. The lower average prices and reduced demand for its products that Mondi experienced in the three months to end-September are likely to spill into the fourth quarter. Article by Karl Gernetzky and Siseko Njobeni with commentary by Dirk van Vlaanderen, associate portfolio manager at Kagiso Asset Management.
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