Mondi/£MNDI

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About Mondi

Mondi is an international packaging and paper group specializing in sustainable packaging and paper solutions. The company's core business involves producing and supplying packaging materials, specifically corrugated packaging, flexible packaging, and engineered materials. Headquartered in London, Mondi operates approximately 100 production sites across over 30 countries, with a significant presence in Europe, North America, and emerging markets. Founded in 1967 in South Africa, Mondi has developed a strong strategic positioning by focusing on innovation, cost leadership, and sustainable production practices. Its vertical integration model, encompassing forestry, pulp, and paper production, through to recycling, is a key competitive strength.
Ticker
£MNDI
Sector
Materials
Primary listing
LSE
Employees
22,200

Mondi Metrics

BasicAdvanced
£3.6B
-
-£0.51
0.61
£0.24
2.98%

What the Analysts think about Mondi

Analyst ratings (Buy, Hold, Sell) for Mondi stock.
Analyst projections of the future price of Mondi stock.

Bulls say / Bears say

Pricing momentum could make the second half materially better: Mondi says packaging-paper prices rose during the first half and that it enters the period with good order books. Reuters reported that the price increases announced in April should take full effect in the third quarter, offering a route to recover margins. (Mondi, Reuters)
Recent investments are starting to add volume and broaden Mondi’s platform: containerboard sales volumes rose 12% and like-for-like corrugated box volumes rose 2% in the first half. The Schumacher assets are integrated into the network, with €32 million of cost synergies expected over three years. (Mondi, Investegate)
The investment cycle is moving towards cash generation: Mondi reduced its 2026 capital-expenditure guidance to about €500 million from €550 million, while generating €347 million of operating cash in the first half. Major expansion projects are largely complete, and the group says refinancing, investment-grade credit and significant liquidity headroom support financial flexibility. (Mondi, Investegate)
Underlying EBITDA fell 33% to €379 million in the first half, while the margin dropped to 9.5% as lower selling prices and higher energy, wood and logistics costs outweighed volume growth. Corrugated Packaging was particularly weak, with its margin falling to 7.5%. (Mondi, Investors’ Chronicle)
The paper market may remain oversupplied even if demand improves: UBS expects more than 1.2 million tonnes of new containerboard capacity in the second half and sees European operating rates taking at least a year to recover. Mondi has also impaired a recycled containerboard mill because of weak growth, excess industry capacity, trade barriers and high energy costs. (Proactive Investors, BusinessDay)
Financial strain is limiting shareholder returns: net debt leverage rose to 3.2 times EBITDA, the group reported a €240 million statutory loss after €320 million of impairments and restructuring charges, and the interim dividend was cut by 60%. The restructuring may improve efficiency, but it also brings execution risk while returns remain depressed. (Investors’ Chronicle, Investegate)
Data summarised monthly by Lightyear AI. Last updated on 19 Sept 2026.

Mondi Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Mondi Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Mondi

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Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.