Latest news with #Mondi
Calgary Herald
6 days ago
- Climate
- Calgary Herald
'It was apocalyptic': Neighbouring Hinton learns many lessons from Jasper wildfire
At first glance, you might be fooled into thinking that Hinton Mayor Nicholas Nissen is the most laid-back guy in town. When he's out in public, he wears shades and a blue sun hat, giving him the air of a man of leisure. Article content But Nissen is a former Jasper resident and previously worked in search and rescue operations as a member of the Canadian military. He was part of 442 Squadron, which in 2012 won a global award at the Shephard's Search and Rescue Conference in Dublin, for its rescue of an injured hiker in Hat Mountain, B.C. Nissen vividly remembers rescue operations during the Calgary floods. When he became mayor, part of his orientation was disaster management, and a list of previous Canadian catastrophes was listed. To him, it was like a checklist of hockey cards, 'done that one, seen that one, worked that one.' Article content Article content So, Nissen, as a disaster expert and the mayor of a community that's just outside the eastern boundary of Jasper National Park, is uniquely qualified to speak to the wildfire, and how his town of nearly 10,000 has been affected. Over the past couple of years, Hinton has become the home away from home for wildfire evacuees; people fled west from Edson in 2023, and east from Jasper in 2024. Article content Article content 'We have seen a number of people who are displaced out of Jasper who have settled into Hinton for maybe temporary terms, maybe the long haul,' said Nissen. 'It's tough to give statistics because, at the municipality, we don't really track numbers. But I can say anecdotally that there are a number of people from Jasper who have relocated into Hinton for one reason or another after the fires, and they're very active in our community. They're taking part in all of our community groups. They're volunteering. They're becoming embedded in our community.' Article content But, like Edson and Jasper, Hinton is surrounded by forest. It's a town that depends heavily on pulp and paper. Mondi's Hinton mill produces 250,000 tonnes of unbleached kraft pulp per year. And that means fire risk is something that is regularly on Nissen's mind. In fact, after he left the military, he and his wife settled in Jasper. But one of the reasons they chose to leave was because of what they saw as unreasonable fire risk. Nissen saw the large number of dead evergreen trees that surrounded the town, and he felt in his bones that Jasper was a disaster waiting to happen. Sadly, he was right. Article content Article content 'So, our own fire department has lessons learned directly from having the feet on the ground,' said Nissen. 'We had a very dramatic night, with smoke billowing out from behind the mountains, and large chunks of disgusting black soot falling all over the community.
Edmonton Journal
6 days ago
- General
- Edmonton Journal
'It was apocalyptic': Neighbouring Hinton learns many lessons from Jasper wildfire
At first glance, you might be fooled into thinking that Hinton Mayor Nicholas Nissen is the most laid-back guy in town. When he's out in public, he wears shades and a blue sun hat, giving him the air of a man of leisure. Article content But Nissen is a former Jasper resident and previously worked in search and rescue operations as a member of the Canadian military. He was part of 442 Squadron, which in 2012 won a global award at the Shephard's Search and Rescue Conference in Dublin, for its rescue of an injured hiker in Hat Mountain, B.C. Nissen vividly remembers rescue operations during the Calgary floods. When he became mayor, part of his orientation was disaster management, and a list of previous Canadian catastrophes was listed. To him, it was like a checklist of hockey cards, 'done that one, seen that one, worked that one.' Article content Article content Article content So, Nissen, as a disaster expert and the mayor of a community that's just outside the eastern boundary of Jasper National Park, is uniquely qualified to speak to the wildfire, and how his town of nearly 10,000 has been affected. Over the past couple of years, Hinton has become the home away from home for wildfire evacuees; people fled west from Edson in 2023, and east from Jasper in 2024. Article content Article content 'We have seen a number of people who are displaced out of Jasper who have settled into Hinton for maybe temporary terms, maybe the long haul,' said Nissen. 'It's tough to give statistics because, at the municipality, we don't really track numbers. But I can say anecdotally that there are a number of people from Jasper who have relocated into Hinton for one reason or another after the fires, and they're very active in our community. They're taking part in all of our community groups. They're volunteering. They're becoming embedded in our community.' Article content Article content But, like Edson and Jasper, Hinton is surrounded by forest. It's a town that depends heavily on pulp and paper. Mondi's Hinton mill produces 250,000 tonnes of unbleached kraft pulp per year. And that means fire risk is something that is regularly on Nissen's mind. In fact, after he left the military, he and his wife settled in Jasper. But one of the reasons they chose to leave was because of what they saw as unreasonable fire risk. Nissen saw the large number of dead evergreen trees that surrounded the town, and he felt in his bones that Jasper was a disaster waiting to happen. Sadly, he was right. Article content Article content 'So, our own fire department has lessons learned directly from having the feet on the ground,' said Nissen. 'We had a very dramatic night, with smoke billowing out from behind the mountains, and large chunks of disgusting black soot falling all over the community.
Yahoo
05-07-2025
- Business
- Yahoo
Can Mondi plc's (LON:MNDI) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?
Most readers would already be aware that Mondi's (LON:MNDI) stock increased significantly by 15% over the past three months. However, in this article, we decided to focus on its weak fundamentals, as long-term financial performance of a business is what ultimately dictates market outcomes. Particularly, we will be paying attention to Mondi's ROE today. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Mondi is: 4.9% = €262m ÷ €5.4b (Based on the trailing twelve months to December 2024). The 'return' is the income the business earned over the last year. One way to conceptualize this is that for each £1 of shareholders' capital it has, the company made £0.05 in profit. View our latest analysis for Mondi So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features. On the face of it, Mondi's ROE is not much to talk about. Yet, a closer study shows that the company's ROE is similar to the industry average of 5.1%. But then again, Mondi's five year net income shrunk at a rate of 7.6%. Bear in mind, the company does have a slightly low ROE. So that's what might be causing earnings growth to shrink. That being said, we compared Mondi's performance with the industry and were concerned when we found that while the company has shrunk its earnings, the industry has grown its earnings at a rate of 8.2% in the same 5-year period. Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. Is MNDI fairly valued? This infographic on the company's intrinsic value has everything you need to know. Mondi's declining earnings is not surprising given how the company is spending most of its profits in paying dividends, judging by its three-year median payout ratio of 54% (or a retention ratio of 46%). With only a little being reinvested into the business, earnings growth would obviously be low or non-existent. You can see the 3 risks we have identified for Mondi by visiting our risks dashboard for free on our platform here. Additionally, Mondi has paid dividends over a period of at least ten years, which means that the company's management is determined to pay dividends even if it means little to no earnings growth. Our latest analyst data shows that the future payout ratio of the company over the next three years is expected to be approximately 49%. However, Mondi's ROE is predicted to rise to 12% despite there being no anticipated change in its payout ratio. In total, we would have a hard think before deciding on any investment action concerning Mondi. As a result of its low ROE and lack of much reinvestment into the business, the company has seen a disappointing earnings growth rate. That being so, the latest industry analyst forecasts show that the analysts are expecting to see a huge improvement in the company's earnings growth rate. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Evening Standard
14-05-2025
- Business
- Evening Standard
London stock close lower as miners hit by slumping gold price
The biggest risers on the FTSE 100 were: Entain, up 26.8p to 790.8p; Airtel Africa, up 5.5p to 174.6p; Mondi, up 38p to 1,226.5p; Marks & Spencer, up 9.8p to 355.2p; and Beazley, up 18.5p to 893p.
IOL News
08-05-2025
- Business
- IOL News
Mondi reports increased sales volumes and cost control in the first quarter of 2025
Branded rolls of paper are seen at a Mondi production facility. The group reported stronger order books in its first quarter to end-March 2025 driven by increased demand for it sustainable packaging products. Image: supplied Sustainable packaging and paper group Mondi's share price gained 2.6% on Thursday after it reported higher sales volumes, good cost control, and fewer planned maintenance shuts in the three months to the end of March. The share price traded at R218.22 on the JSE in the afternoon, a price well down from R368.37 that it traded at a year before. The group said in a first quarter to end-March 31 trading update that average selling prices were lower compared to the fourth quarter of 2024. Underlying earnings before interest, tax, depreciation, and amortisation (EBITDA) for the first quarter was €290 million, including a forestry fair value gain of €2m (Q4 2024: €261m including a forestry fair value loss of €27m). In Corrugated Packaging and Flexible Packaging, stronger order books drove higher sales volumes. Downstream converting operations posted a solid performance. Following selling price declines towards the end of 2024, average selling prices in the first quarter were lower than in the fourth quarter of 2024. In the last few months, paper price increases had been implemented to largely recover the declines. In Uncoated Fine Paper, market conditions remained muted with lower average selling prices. Profitability was supported by strong cost control. Progress was made with the completion and ramp-up of expansion projects. The new kraft paper machine at Steti (Czech Republic), which commenced operations in December last year, 'is showing excellent results in terms of paper quality and production volumes,' a statement said. The converted paper machine in Duino (Italy) successfully started up in April. Once fully operational, it will be capable of producing 420 000 tons per annum of high-quality recycled containerboard. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕
