Mondi increases its 2014 full year dividend by 17%

DividendMax Ltd.

Mondi increases its 2014 full year dividend by 17%
Highlights 
  * Excellent financial performance

      + Underlying operating profit of €767 million, up 10%

      + Underlying earnings of 107.3 euro cents per share, up 13%

      + Strong contribution from all business units

  * Capital projects delivering meaningful contribution

      + Completed investments delivering to plan

      + Strong capital investment pipeline

  * Good progress in integrating acquisitions

      + Bags and kraft paper acquisition in US, extending global leadership

      + Consumer Packaging acquisition in Poland increases capacity in low cost
        location

  * Recommended full year dividend of 42.0 euro cents per share, up 17%

Companies mentioned