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Next to unveil improved second quarter with sales boosted by warm weather
Next is expected to shine in its second quarter trading update
Company
LON:MNDI
Mondi PLC is an international paper and packaging company. Its key operations and interests are in western and emerging Europe, Russia and South Africa. It is principally involved in the manufacture of packaging paper and converted packaging products; uncoated fine paper, and specialty products and processes, including coating, release liner and consumer flexibles. The company is integrated across the paper and packaging process, from the growing of wood and manufacture of pulp and paper (including recycled paper) to the converting of packaging papers into corrugated packaging and industrial bags. It has production operations across 35 countries. Its products include virgin and recycled containerboard, and converted products, including corrugated boxes, corrugated board and point-of-sale displays; kraft papers and industrial bags for building materials, chemicals, food and animal feed, and flexible plastic-based products, including release liner and extrusion coating.
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Next is expected to shine in its second quarter trading update
Investments and investor services
The Footsie was back in black - but only just - thanks to precious metals miners
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Thursday brings the fourth quarter trading update from BT Group, while the banking AGM season continues.
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Week ahead: BT and Talk Talk: ITV, Barratt Developments, Centrica, William HIll and more ...
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Debenhams, Unilever and Sky are set to take centre stage with their latest results on Thursday
The main risers and fallers around 2.45pm included Brave Bison, Metal Tiger, PCG, Entertainment ...
Investments and investor services
Around 3.15pm, the UK blue chip index was up over 21 points at 7,299, not far from the day’s peak of 7,307, and well above the day’s low of 7,253.
FTSE 100 shares did it again on Thursday – the 11th successive record high close – as turbulence in sterling finally gave in to a further steady decline and helped push stocks higher. All except retailers, that is
Investments and investor services
FTSE 100 stocks ended higher on Thursday thanks to miners and the construction sector, while the laggards included venerable British names Royal Mail and Rolls Royce
Crude prices pared 5% gains as Russia and Saudi failed to act
Investments and investor services
The top flight index was four points adrift at just over 6890
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Vodafone, Centamin and Mondi have each been given the spotlight treatment.
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A look at some early analyst views across the City
Thursday sees Cairn Energy and ITV reporting among others
News flow for the drugs developer has been nothing but positive this year
Some of the major share price risers and fallers in London on Monday
Investments and investor services
The miners were again at the bottom of the index, as a lower oil price weighed on metal prices.
After heavy losses Friday, FTSE 100 added 48 to 6,001
Aside from a closely watched interest rate decision from the BoE, corporate announcements on Thursday include trading updates from construction and support services firm Carillion and sugar giant Tate & Lyle.
Tesco and Vedanta catch the eye next week which kicks off with the Conservative party conference.