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Revised plans for 57 homes in Ramsbottom include a public car park
Eccleston Homes plan to build 57 homes at former Mondi paper mill site. Plans include a 47-space public car park for visitors to the town. A similar application for 73 homes was rejected by Bury Council in May 2022.
FTSE 100 plunges to one-year low amid Middle East tensions and Rentokil fall The UK's top stock index, the FTSE 100, has taken a tumble, slipping below the 7,500 mark. This comes after two days of losses and ongoing worries about conflict in the Middle East. Rentokil, a pest control group, saw the biggest drop with shares falling by more than 16%. Mondi, a packaging and paper giant, also saw a decrease in its share price by over 6%.
UK packaging firm Mondi sees subdued demand for rest of... British paper and packaging group Mondi said on Thursday demand in the third quarter remained weak. London-listed shares fell nearly 6% by 0728 GMT on the bleak outlook. Shares of peer DS Smith also dropped 2.4%, listing among the top losers on the FTSE 100 index.
Mondi exits Russia with £666m sale Mondi has completed its exit from Russia with the sale of its largest asset to a property developer for £666 million. The FTSE 100 paper and packaging group has sold its Syktyvkar plant in northwestern Russia.
Mondi to leave Russia after agreeing to sell biggest Russian paper mill Mondi's share price jumped by nearly 5% on Monday morning. Deal involves Syktyvkar, its last remaining plant in Russia. Sale to Sezar Invest will involve six monthly payments in Russian rubles.
Shares in this packaging company deliver value despite post-pandemic tumble Mondi is another example of how a perceived lockdown winner became a share price loser. The prospect of another capital raising may put a lid on the shares in the very near term.
Shares in this packaging company deliver value despite post-pandemic tumble Mondi is another example of how a perceived lockdown winner became a share price loser. The prospect of another capital raising may put a lid on the shares in the very near term.
UK's FTSE 100 falls on dour earnings; BoE decision awaited The blue-chip FTSE 100 fell 1.5%, hovering near a two-week low hit on Wednesday. London Stock Exchange Group lost 3.1% after first-half profit before tax fell 17.6%. Mondi slumped 3.9% after the paper and packaging firm reported a 28% drop in half-yearly core profit.
Declining Stock and Solid Fundamentals: Is The Market Wrong About Mondi plc (LON:MNDI)? Mondi (LON:MNDI) has had a rough three months with its share price down 5.0%. However, stock prices are usually driven by a company’s financial performance over the long term. Particularly, we will be paying attention to Mondi's ROE today.
MARKET REPORT: FedEx delivers a blow to UK packaging giants Revenues of £71billion in the year to the end of May fell well short of analyst estimates. Smurfit Kappa down 5.5 per cent, Mondi sliding 3.3 per cent and DS Smith falling 6 per cent.
Just three of UK top firms rule out carbon offsets to reach net zero, data shows AstraZeneca, Mondi and Marks & Spencer are the only three out of 78 companies in the UK from the Forbes’ Global 2000 list who have publicly said they will not use offsets.
Just three of UK top firms rule out carbon offsets to... Just three of UK top firms rule out carbon offsets to reach net zero, data shows. AstraZeneca, Mondi and Marks & Spencer are only three out of 78 companies in the UK who have publicly said they will not use offsets to decarbonise.
Just three of UK top firms rule out carbon offsets to reach net zero, data shows AstraZeneca, Mondi and Marks & Spencer are the only three out of 78 companies in the UK who have publicly said they will not use offsets to decarbonise. One fifth of the UK companies (22%) have made no announcement of net zero targets at all.
Paper companies shredded by Finnish rival’s warning Stora Enso slashed its annual operating profit guidance in response to cost pressures and market uncertainties. DS Smith, Smurfit Kappa and Mondi were among the worst performers in London.
Food Packaging Industry Gains Ground with Surging Demand for Flexible & Sustainable Packaging Solutions - Grand View Research, Inc. The food packaging industry size stood at USD 346.5 billion in 2021. Green packaging materials, including recycled paper and bioplastics have emerged as tailwinds. In April 2022, Mondi announced rolling out sustainable packaging solutions for the food industry in Germany.
Mondi Full Year 2022 Earnings: Beats Expectations Mondi (LON:MNDI) Full Year 2022 Results. Revenues and Earnings Beat Expectations. Revenue is forecast to decline by 2.7% p.a. on average during the next 3 years. Shares down 5.8% from a week ago.
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