Mondi PLC shares rise 2.24% and outperform market

8 articles · Updated · MarketWatch · May 1

The stock closed at £7.75 as the FTSE 100 fell 0.14% to 10,363.93 in a broadly weak Friday session.
Mondi ended 38.01% below its 52-week high of £12.51, reached on 3 July.
Trading volume was 383,755 shares, well below the stock's 50-day average of 1.4 million.

As Mondi closes six European plants, is its major US expansion a strategic retreat from the European market?

Can the sustainable packaging boom save Mondi from Europe's collapsing chemical supply chain and soaring energy costs?