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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Mondi    MNDI   GB00B1CRLC47

MONDI (MNDI)
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PACK EXPO Las Vegas 2017: Mondi barrier films offer American market unprecedented product protection

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09/07/2017 | 05:33pm CEST
Publication Date:

06 September 2017

Vienna, 06 September 2017 - Striving to protect product aroma and scent against external contamination, Mondi Consumer Packaging promotes its latest industrial barrier film solutions at PACK EXPO Las Vegas (25-27 September 2017). Highlights at booth S-6715 include a range of pre-formed tubes and bags that provide greater product protection and improved material stability. The North American audience can put the films' outstanding mechanical properties to the test and find out how to benefit from Mondi's blown film extrusion technology.

What sets Mondi's solutions apart is their unique film structure. Comprising multilayer films, including a Nylon (PA) or EVOH layer in the center, it creates an almost impenetrable barrier for moisture, scent or gas. Additionally, this stronger structure makes the material far more durable and tighter than conventional sealed films, which cannot provide the same level of stability. As a result, food, cosmetic, agricultural and chemistry products can enjoy a much higher level of product protection than previously possible thanks to an extended shelf life.

Moreover, the films are available in two different versions. The first one is a pre-formedtube with side gussets, which is ideal for automated form, fill and sealing production in a wide variety of formats from 1 pound up to 50 pounds. The film tubes can be printed on in as many as six colors. The solution also provides added value: a special anti-slip embossing simplifies palletization of the product.

The second version of the ultra-strong and protective films can be used for pre-formedbags that require manual filling. Being resistant to flex-cracks, the integrity of these bags is comparable to aluminum. Consequently, the increased product protection and high material quality makes these films particularly appealing for the American pet food and pharmaceutical markets. Visitors to PACK EXPO Las Vegas can experience first-hand how Mondi's high barrier film bags enhance product shelf life without compromising brand differentiation. In fact, brand differentiation can be increased by printing on the bags - again, with up to six colors.

Georg Kasperkovitz, CEO of Mondi Consumer Packaging, commented 'PACK EXPO Las Vegas is a great platform for demonstrating how our latest innovative flexible packaging solutions reflect the increasing trend towards product protection at point of sale. We see a huge potential for the North American barrier products market and we believe our solutions can help food and pharma producers seize this opportunity.

Photos:https://images.mondigroup.com/pinaccess/showpin.do?pinCode=6zmeqiKdDAKe

Contact:

Judith Wronn, Marketing and Communications, Mondi Consumer Packaging

Tel: +43 (0)1 79013 4793, Fax: +43 (0)1 79013 967

Email: Judith.Wronn@mondigroup.com

We are Mondi: IN TOUCH EVERY DAY

Mondi is an international packaging and paper group, employing around 25,000 people across more than 30 countries. Our key operations are located in central Europe, Russia, North America and South Africa. In 2016, Mondi had revenues of €6.7 billion and a return on capital employed of 20.3%.

We are fully integrated across the packaging and paper value chain - from managing forests and producing pulp, paper and compound plastics, to developing effective and innovative industrial and consumer packaging solutions. With over 100 products customised into more than 100,000 solutions, we offer more than you may expect. Leading brands around the world rely on our innovative technologies and products across a variety of industries such as agriculture; automotive; building and construction; chemicals and dangerous goods; food and beverages; graphic and photographic; home and personal care; medical and pharmaceutical; office and professional printing; packaging and paper converting; pet care; retail and e-commerce; and shipping and transport.

We believe sustainable development makes good business sense. It's integral to our responsible and profitable growth, and embedded in everything we do, every day. We continue to look for ways to do more with less, promote the responsible management of ecosystems, develop and inspire our people, and enhance the value that our sustainable product solutions create.

Mondi has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker code MND and a premium listing on the London Stock Exchange for Mondi plc, under the ticker code MNDI. We have been included in the FTSE4Good Index Series since 2008 and the JSE's Socially Responsible Investment (SRI) Index since 2007.

Mondi plc published this content on 06 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 September 2017 15:32:06 UTC.

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Financials (€)
Sales 2018 7 565 M
EBIT 2018 1 235 M
Net income 2018 804 M
Debt 2018 2 120 M
Yield 2018 2,99%
P/E ratio 2018 14,36
P/E ratio 2019 12,81
EV / Sales 2018 1,81x
EV / Sales 2019 1,73x
Capitalization 11 589 M
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Technical analysis trends MONDI
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 12
Average target price 26,9 €
Spread / Average Target 13%
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Managers
NameTitle
Peter Josef Oswald Group CEO, Executive Director & CEO-Europe
David Michael Williams Co-Chairman
Tshamano Mohau Frederik Phaswana Co-Chairman
Andrew King Chief Financial Officer & Executive Director
John Lindahl Group Technical Director
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WESTROCK-10.08%14 501
MONDI LIMITED27.48%13 614
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