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Mondi says Q3 underlying operating profit up 25 percent

Reuters - UK Focus

JOHANNESBURG, Nov 6 (Reuters) - Paper maker Mondi (Frankfurt: KYC.F - news) on Wednesday posted a 25 percent rise in third-quarter underlying operating profit year-on-year as market conditions in its packaging paper and South African businesses improved.

South Africa's Mondi (LSE: MNDI.L - news) , also listed in London, said underlying operating profit for the quarter to end-September totaled 172 million euros from 135 million euros in the same period last year.