Mondi increases its 2015 full year dividend by 24%

DividendMax Ltd.

Mondi increases its 2015 full year dividend by 24%

Highlights

  • Excellent financial performance
  • Significant profit improvements across all business units
  • Underlying operating profit of €957 million, up 25%
  • Underlying earnings of 133.7 euro cents per share, up 25%
  • Cash generated from operations of €1,279 million, up 24%
  • Return on capital employed of 20.5%
  • Capital projects delivering growth
  • Completed major projects delivering to plan, contributing incremental €50 million to underlying operating profit in 2015
  • Strong capital investment pipeline: €450 million in major projects approved and in progress
  • Ongoing portfolio optimisation and refinement
  • Acquisitions totalling €94 million to enhance product offering in Consumer Packaging
  • Closure of six operations and sale of a further four operations to optimise cost structures and refine product mix
  • Significant progress made against our five-year sustainable development commitments
  • Recommended full year dividend of 52.0 euro cents per share, up 24%

Companies mentioned