Mondi’s share at 17-month high as it resumes dividend payments

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Mondi share jumps after resumption of dividend payments

Mondi’s share price reached a 17-month high on Thursday, after it gave an upbeat assessment of e-commerce-driven demand for its products, and announced the resumption of dividend payments.

The paper and packaging group said it had outperformed the rest of its industry in the six months to end-June. That was reflective of the size of the group, which allowed it to be flexible; for example, meeting extremely large orders quickly, CEO Andrew King said.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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