Friday, October 18, 2019
Financial Ratio Analysis of Mondi PLC Essay Example | Topics and Well Written Essays - 3250 words
Financial Ratio Analysis of Mondi PLC - Essay Example More importantly, with the global economy favoring emerging market growth and the European economy arguably poised for recovery, Mondiââ¬â¢s heavier investment in production capacity and forest assets indicates that the company is well-positioned to take early advantage of any market expansion that may take place in the near future. à Mondi plc is a premium listed company on the London Stock Exchange, and together with Mondi Limited comprises the Mondi Group which is an international paper and packaging manufacturer. The Group has production facilities located in 28 countries, with key operations in central Europe, Russia, and South Africa, and employing 23,400 people. Mondiââ¬â¢s goal is to become the ââ¬Ëbest-performing paper and packaging group in the worldââ¬â¢ (Mondi Annual Report 2012) and approaches this with an integrated strategy that aims at attaining standards of workplace safety, ethical business conduct, social responsibility, environmental sustainability, and economic prudence in the course of pursuing its business practices and decision-making. à Mondi plc operates globally but is primarily treated here as a UK listed company, therefore analysis of the economic environment shall be focused on the UK to arrive at a concise finding. Later, the industry prospects of the paper and packaging industry shall be described with an expanded world outlook. à Data supporting the economic forecasts for the UK, as contained in the OECD Economic Outlook (OECD, 2012), are attached as Appendix A in this report. The OECD forecast highlighted four principal directions it sees in the UK economy. They are: à OECD forecasts for the nominal wage shows the likelihood of an upward trend commencing 2013.
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