Q3 2020 Mondi PLC Trading Statement Call Transcript

Oct 15, 2020 / 07:00AM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to today's Mondi Group plc quarter 3 conference call. (Operator Instructions) I must advise you that this conference is being recorded today on the 15th of October 2020.

Without any further delay, I would now like to hand the conference over to Mondi Group's CEO, Andrew King. Please go ahead.

Andrew Charles Wallis King - Mondi plc - Group CEO & Executive Director

Good morning. I'm Andrew King, your Group CEO of Mondi. I would like to briefly summarize the morning's announcement before taking any questions that you may have.

Firstly, we delivered a resilient performance in the third quarter with good volume growth in Uncoated Fine Paper and our fiber-based packaging products and ongoing good cost control. This progress was, however, more than offset by the impact of planned maintenance shuts, negative currency effects and the lower average selling prices. As a result, overall, underlying EBITDA was EUR 306 million for the period, down 20% from the comparable prior year period and

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