Mondi benefits from broader footprint, lower costs and exchange rate factors

摘要

Mondi ended the 2013 financial year with slight improvements in net income and operating income, as well as a more pronounced increase in sales revenues. CEO David Hathorn reported "a record financial performance driven by our low cost position, exposure to higher growth markets and ongoing focus on operational excellence." The situation on Mondi's sales markets had remained mixed last year, with exchange rates highly volatile at times. However, Mondi's position as a net exporter from many countries had allowed the company to benefit from the devaluation of these currencies against the euro.