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UK's Mondi first-half profit slumps 70% as Iran war drives up costs

UK's Mondi first-half profit slumps 70% as Iran war drives up costs

- Paper and packaging group Mondi MNDI.L reported a 70% decline in first-half underlying pre-tax profit on Thursday, as supply chain disruptions as well as higher energy and raw material costs linked to the prolonged Iran war hit its margins.


(Reporting by Atharva Singh in Bengaluru; Editing by Sonia Cheema)

((Atharva.Singh@thomsonreuters.com; +91 8090911601))

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