Mondi published its full-year 2002 results. The packaging and paper provider demonstrated strong financial performance from continuing operations, with underlying Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of €1.85 million (US$1.9 million), up 60% (2021: €1.16 million, US$1.2 million), with underlying EBITDA margin of 20.8% (2021: 16.6%). Profit before tax was €1.56 million (US$1.7 million) in 2022, up 119% (2021: €712 million, US$754 million). Return on capital employed was registered at 23.7%, compared to 13.9% in 2021. Mondi said it made good progress on its sustainability roadmap – Mondi Action Plan 2030. Furthermore, its science-based net-zero targets were validated and the sale of the personal care components business was completed. Additionally, The sale of Russian assets was agreed on, with a regulatory approval process ongoing.