International packaging and paper group Mondi expects to report a 24% to 29% increase in basic earnings a share to €1.21 to €1.26 for the year ended December 31, compared with the €0.97 recorded in the prior financial year.
Headline earnings a share would rise by 22% to 27% to €1.21 to €1.26 for the year under review, compared with the €1 recorded the year before, while underlying earnings a share would be 22% to 27% higher at €1.31 to €1.36 for 2015, compared with €1.07 in 2014.
Underlying profit for the full year was expected to be higher than the €767-million reported for 2014.
Mondi had recognised a net special item charge after tax of €48-million for the 2014 financial year and it expected the equivalent special item charge for the 2015 financial year to be €47-million.
The company’s results would be published on February 25.