Dual-listed Mondi on Wednesday announced that it expected headline earnings a share for the year ended December 31 of between €0.88 and €0.93 as opposed to €0.629 during the prior year.
Basic earnings a share were expected to be higher at between €0.77 and €0.82, with underlying operating profit also expected to be above the €574-million achieved in 2012.
In 2012, Mondi recognised a net special item charge after tax of €92-million. The company said the equivalent special item charge for the year ended December was expected to be around €74-million, of which €68-million had been recognised in the first half of the year.
Mondi would release its results for 2013 on February 28.