Aug 01, 2019 / 08:00AM GMT
Peter Josef Oswald - Mondi plc - CEO & Executive Director
Good morning, everyone. Welcome to the Mondi Results Presentation for the First Half of 2019. It's -- thank you for your attendance, which we really appreciate. I'm Peter Oswald, Chief Executive, and with me is Andrew King, our CFO.
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In a moment, I will share with you some highlights, and then Andrew will walk you in more detail through the numbers. And then let's talk about the markets, the operations of our 3 business units as well as the major market trends and key strategic developments overall. And finally, Andrew and I are very happy to take your questions.
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In a more slower -- in a slower environment, Mondi has once again delivered a strong set of results, a strong performance. Our underlying EBITDA is up by 5%, and our underlying operating profit is up by 8%. We have, once again, achieved a 23% return on capital employed, and we have achieved, once again, a 23% EBITDA margin. And you will hear more details from Andrew.
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We had a good contribution from our acquisitions,
Half Year 2019 Mondi Ltd Earnings Call Transcript
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