FTSE 100 packaging giant Mondi gets boost to shares as it reports rising profits | City A.M. August 3, 2018 FTSE 100 paper giant Mondi Group got a share boost this morning as it said profits rose in the first half of the year. The figures In the six months up to 30 June 2018, underlying earnings were up 17 per cent to €852m (£759.3m). Profit before tax was also up six per cent to [...]
FTSE 100 firm Mondi share price (MNDI) rises as it hands out a special divi after a rise in annual profits March 2, 2018 Mondi is delivering shareholders a special payout after profit climbed and the board signalled a positive outlook for 2018. The figures The packaging products company’s pre-tax profit rose five per cent in the year to December 2017 to €887m (£792m) on revenues of €7.1bn, up seven per cent from the previous year. Mondi recommended a [...]
Don’t listen to the naysayers: The City is Brexit-proof and will remain the world’s financial hub February 5, 2018 The City of London is in a strong position to maintain its status as the world’s financial capital. Many of the City’s strengths are deeply embedded and therefore “Brexit-proof”. Moreover, London is in pole position to become the centre of global fintech. But we cannot be complacent. The international environment is competitive. The biggest challenge [...]
Markets roundup: Pound sterling hits its highest since the Brexit vote as FTSE 100 smashes records January 12, 2018 The pound partied hard this afternoon following reports of good news for Brexit negotiators – as the FTSE 100 ended the week by breaking another record Sterling began the evening more than one per cent higher against the dollar, while it mustered a 0.2 per cent rise against the euro as reports the Spanish and [...]
Mondi share price (LON:MNDI) falls after it warns on profits October 11, 2017 Shares in packaging products company Mondi sank this morning after it warned its profits would miss expectations due to cost pressures and negative currency impacts. In a trading update for the half-year to the end of June, Mondi said it expects a strong final quarter supported by higher average selling prices and good growth, but [...]
FTSE 100 finishes the week lower as the pound slides below $1.26 November 11, 2016 Having jumped above $1.26 this morning for the first time since the so-called flash crash back in October, the pound slid back in afternoon trading. Sterling was just 0.2 per cent up against the dollar at $1.2577 by late afternoon trading in London. It was doing rather better against the euro, rising 0.7 per cent to [...]
Little festive cheer for investors as FTSE 100 finishes flat December 24, 2015 It seems Santa didn't have much in his sack for equities investors this year, after the FTSE finished the day's session flat at 6,254.64 points, just 0.22 per cent higher. It was a disappointing outcome, after the bluechip index showed signs of a late Santa rally yesterday, closing 2.6 per cent higher as mining stocks rebounded. But trading during this morning's [...]
FTSE jumps as investors cheer the Fed rate rise – London Report December 18, 2015 TOP SHARE index, the FTSE 100, climbed yesterday, tracking gains on other equity markets after investors took the first US interest rate rise in nearly a decade as a sign of policymakers’ confidence in the world’s biggest economy. The FTSE rose 41 points, or 1.2 per cent to 6,102 points, but is down by around seven [...]
At the close: FTSE 100 index closes down on Old Mutual, miners and oil companies December 11, 2015 The FTSE 100 index closed sharply lower, ending the week below the 6,000 mark and rounding off a poor week. The UK's top blue-chip index closed 2.22 per cent lower at 5,952 points, the lowest late September, led lower by miners, oil companies and Old Mutual. Old Mutual led the index lower, closing 10.62 per cent down at 155.7p per [...]
At the close: FTSE 100 index closes down on miners December 8, 2015 The FTSE 100 index closed down today, led lower by miners who followed Anglo American. The index shut 1.42 per cent down at 6,135 points. "Once the world knew that Anglo-American was unlikely to pay any dividend for 2015-2016, the mining sector was put to the sword for the day. Anglo American at one point saw [...]