Globally, sales in the "uncoated premium paper" segment were €810m, up 15 per cent on the same period last year, with growth in the European market estimated at 5 to 6 per cent per annum. At the same time, the average selling price of uncoated European premium culture paper fell by 5% in the same period last year and by 1% compared with the previous year.
Mondi's corrugated cardboard packaging business showed strong growth momentum, driven by growth in e-commerce and consumer goods and a recovery in industrial and professional applications. In its annual report, Mondi said: "Due to recovering demand and rising costs, we introduced price increases in our key markets during the reporting period and at the beginning of the second half."
