By Maria Ward-Brennan Listed global producer of sustainable packaging and paper Mondi, which earlier this year was close to buying UK giant DS Smith, has taken a hit from lower selling prices in the first quarter of the year. The company reported on Friday morning that its underlying EBITDA for the first quarter of 2024 was €214m (£183m) (Q4 2023: €260m). The group stated this result was in line with its expectations as it included “a one-off” €32m (£27m) loss incurred from the devaluation of the Egyptian pound. The group stated that average selling prices were lower compared to Q4 2023, howev…