Oct 10, 2019 / 07:00AM GMT
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Mondi Group Trading Update. (Operator Instructions) I must advise you the conference is being recorded today, Thursday, the 10th of October 2019.
And I'd now like to hand the conference over to your speaker today, Peter Oswald. Please go ahead.
Peter Josef Oswald - Mondi plc - CEO & Executive Director
Good morning and welcome. Thank you for joining this call. I'm Peter Oswald, Chief Executive of Mondi; and I'm joined by Andrew King, our CFO. I would like to briefly summarize this morning's announcement and then we will be happy to take your questions.
As outlined in our half year results, demand in the third quarter remained generally softer across the markets in which we operate and prices for key paper grades were below those of the first half. Consequently, underlying EBITDA for the third quarter was EUR 383 million, down 18% on the prior year and 9% below the second quarter. Lower average selling prices from the highs reached towards the end of 2018 and into early 2019
Q3 2019 Mondi PLC Trading Statement Call Transcript
Feb 14, 2024
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