Barclays Downgrades Mondi PLC, Cites Economic Woes & Oversupply
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Barclays downgrades Mondi PLC, citing weak economy, oversupply in containerboard market, and cash flow concerns. Mondis profit estimates lowered, and dividend payments at risk. New containerboard production capacity in Europe expected to pressure prices and profitability.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
