Bloomberg News

Mondi Rises Most in Four Days as First-Half Profit to Gain

July 22, 2011

July 22 (Bloomberg) -- Mondi Ltd., Europe’s largest maker of office paper, climbed the most in four days after saying so- called underlying operating profit for the first half of the fiscal year will be “considerably higher” than a year earlier.

The stock advanced 1.73 rand, or 3.2 percent, to 56.23 rand by 9:04 a.m. in Johannesburg.

To contact the editor responsible for this story: Ana Monteiro at amonteiro4@bloomberg.net


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