Half-yearly results for the six months ended 30 June 2019
Highlights
• Strong financial performance
- Underlying EBITDA of €894 million, up 5%, with margin of 23.7%
- Profit before tax of €632 million, up 29%
- Basic underlying earnings of 96.2 euro cents per share, up 8%
- Return on capital employed 23.2%
- Interim dividend declared of 27.28 euro cents per share
• Good contribution from capital investments and acquisitions completed in 2018
• Capital investment programme on track to deliver incremental growth
• Simplification of corporate structure completed end of July 2019
• Well positioned with innovative and sustainable packaging solutions portfolio
Source: Mondi