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Mondi PLC (MNDI.L)

MNDI.L on London Stock Exchange

1,486.00GBp
7 Aug 2020
Change (% chg)

16.50 (+1.12%)
Prev Close
1,469.50
Open
1,460.50
Day's High
1,498.00
Day's Low
1,460.50
Volume
1,282,233
Avg. Vol
1,426,869
52-wk High
1,794.00
52-wk Low
1,156.50

Latest Key Developments (Source: Significant Developments)

Mondi Plc Says Q3 Like-For-Like Sales Volumes Were Marginally Lower
Thursday, 10 Oct 2019 

Oct 10 (Reuters) - Mondi PLC ::REG-MONDI PLC: TRADING UPDATE.MONDI PLC - DEMAND IN Q3 REMAINED GENERALLY SOFTER ACROSS MARKETS.MONDI PLC - Q3 LIKE-FOR-LIKE SALES VOLUMES WERE, ON AVERAGE, MARGINALLY LOWER THAN COMPARABLE PRIOR YEAR PERIOD.MONDI PLC - UNDERLYING EBITDA FOR Q3 OF 2019 WAS EUR 383 MILLION, DOWN 18%.MONDI -CONTINUE TO ESTIMATE THAT IMPACT OF PLANNED MILL MAINTENANCE SHUTS ON UNDERLYING EBITDA FOR 2019 WILL BE AROUND EUR 150 MILLION, 2018: EUR 110 MILLION.MONDI PLC - LOWER AVERAGE SELLING PRICES COUPLED WITH ANTICIPATED LOWER FORESTRY FAIR VALUE GAIN IMPACTED RESULTS.MONDI PLC - PLANNED MILL MAINTENANCE SHUTS DURING QUARTER HAD AN ESTIMATED IMPACT ON UNDERLYING EBITDA OF AROUND EUR 40 MILLION.MONDI PLC - AS CO ENTERS Q4, PRICES WERE, ON AVERAGE, MARGINALLY BELOW THOSE OF Q3.MONDI - IMPACT OF LOWER PRICING EXPECTED TO BE LARGELY OFFSET BY EASING OF PRESSURE ON COST BASE, SUPPORTED BY ONGOING PROFIT IMPROVEMENT INITIATIVES.MONDI PLC - GROUP WILL BE ORGANISED ACROSS FOUR BUSINESS UNITS INCLUDING CORRUGATED PACKAGING, FLEXIBLE PACKAGING, ENGINEERED MATERIALS.MONDI PLC - UNCOATED FINE PAPER REMAINS UNCHANGED.MONDI PLC - REORGANISATION HAS NO IMPACT ON OVERALL GROUP RESULT..  Full Article

Mondi Plc Sees HY Basic Headline EPS Of 93 Euro Cents To 99 Euro Cents
Tuesday, 23 Jul 2019 

July 23 (Reuters) - Mondi PLC ::MONDI GROUP: TRADING STATEMENT.MONDI PLC SEES HY BASIC HEADLINE EPS 93 TO 99 EURO CENTS.MONDI PLC SEES HY BASIC UNDERLYING EPS 93 TO 99 EURO CENTS.  Full Article

Mondi Says Simplification Date Extended To H2 2019
Friday, 7 Jun 2019 

June 7 (Reuters) - Mondi PLC ::JSE: MND - MNP - UPDATE ON SIMPLIFICATION OF CORPORATE STRUCTURE.MONDI PLC - CONFIRM THAT GOOD PROGRESS IS BEING MADE IN IMPLEMENTING SIMPLIFICATION, INCLUDING PROCESSES TO OBTAIN NECESSARY REGULATORY CONSENTS.MONDI PLC - COMPLETION OF SIMPLIFICATION CONTINUES TO BE EXPECTED IN SECOND HALF OF 2019.MONDI - INDICATIVE DATE FOR FULFILMENT OR WAIVER OF CONDITIONS FOR SIMPLIFICATION AND RELATED DATES AND TIMES HAVE BEEN EXTENDED..MONDI PLC - INDICATIVE DATE EXTENDED SINCE ALL REGULATORY CONSENTS HAVE NOT YET BEEN RECEIVED.  Full Article

Mondi posts 19 pct rise in annual profit
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - Mondi PLC ::REG-MONDI PLC: FINAL RESULTS.MONDI PLC - RECOMMENDED FULL YEAR ORDINARY DIVIDEND OF 76.0 EURO CENTS PER SHARE, UP 23%.MONDI PLC - FY UNDERLYING EBITDA OF EUR 1,764 MILLION, UP 19%.MONDI PLC - FY UNDERLYING OPERATING PROFIT OF EUR 1,318 MILLION, UP 28%.MONDI PLC - FY BASIC UNDERLYING EARNINGS OF 189.1 EURO CENTS PER SHARE, UP 27%.MONDI PLC - FY PROFIT BEFORE TAX OF EUR 1,105 MILLION, UP 25%.MONDI PLC - RECOMMENDED FULL YEAR ORDINARY DIVIDEND OF 76.0 EURO CENTS PER SHARE, UP 23%.MONDI PLC - FY REVENUE OF EUR 7,481 MILLION, UP 5%.MONDI PLC - FY DILUTED HEADLINE EPS 184.7 EURO CENTS.  Full Article

Mondi Sees FY Basic HEPS Between 182 To 188 Euro Cents
Friday, 15 Feb 2019 

Feb 15 (Reuters) - Mondi PLC ::REG-MONDI PLC: TRADING STATEMENT.EXPECTS UNDERLYING EBITDA FOR YEAR ENDED 31 DECEMBER 2018 TO BE ABOVE THAT OF COMPARABLE PRIOR YEAR PERIOD OF EUR 1,482 MILLION.SPECIAL ITEM NET CHARGES AFTER TAX FOR YEAR EXPECTED TO BE AROUND EUR 92 MILLION OF WHICH EUR 81 MILLION WERE RECOGNISED IN FIRST HALF.EXPECTS FY BASIC HEADLINE EPS BETWEEN 182 TO 188 EURO CENTS.  Full Article

Mondi To Simplify Corporate Structure Into Single Holding Company
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Mondi PLC ::JSE: MND - MNP - SIMPLIFICATION OF CORPORATE STRUCTURE.MONDI - PROPOSING TO SIMPLIFY EXISTING MONDI STRUCTURE FROM DUAL LISTED STRUCTURE ("DLC") INTO A SINGLE HOLDING COMPANY STRUCTURE UNDER MONDI PLC.MONDI PLC - WILL CONTINUE TO HAVE PREMIUM LISTING ON LSE AND WILL HAVE AN INWARD SECONDARY LISTING ON JSE QUOTED IN RAND.MONDI PLC - MONDI LIMITED SHAREHOLDERS WILL RECEIVE ONE NEW MONDI PLC SHARE IN EXCHANGE FOR EACH MONDI LIMITED SHARE HELD.MONDI PLC - SIMPLIFICATION WILL NOT RESULT IN ANY CHANGES TO MANAGEMENT, OPERATIONS, LOCATIONS, ACTIVITIES OR STAFFING LEVELS OF MONDI GROUP.MONDI- OPERATING AS A COMBINED CO, MONDI IS GOVERNED BY COMPLEX ARRANGEMENTS TO MAINTAIN PARITY BETWEEN ECONOMIC AND VOTING RIGHTS OF SHAREHOLDERS.MONDI - AFTER SIMPLIFICATION, EACH MONDI SHAREHOLDER TO HAVE SAME VOTING AND CAPITAL INTERESTS AS EACH MONDI LIMITED, MONDI PLC SHAREHOLDER CURRENTLY.MONDI PLC - REMAINS FULLY COMMITTED TO SOUTH AFRICA WITH SOUTH AFRICAN OPERATIONS BEING AN IMPORTANT PART OF MONDI.MONDI - RECEIVED APPROVAL FROM MINISTER OF FINANCE THROUGH SOUTH AFRICAN RESERVE BANK TO SIMPLIFY EXISTING MONDI GROUP STRUCTURE.MONDI- STREAMLINING CORPORATE STRUCTURE WILL ALLOW CONTINUED INVESTMENT IN SOUTH AFRICAN OPERATIONS, ESTIMATED AT OVER R8 BILLION OVER NEXT FIVE YEARS.MONDI PLC - SIMPLIFICATION WILL ALSO ENHANCE STRATEGIC FLEXIBILITY, INCREASE TRANSPARENCY AND REMOVE COMPLEXITY ASSOCIATED WITH CURRENT STRUCTURE.  Full Article

Mondi Q3 Underlying EBITDA Up 30 Pct
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Mondi PLC ::UNDERLYING EBITDA FOR Q3 OF 2018 OF EUR 466 MILLION WAS 30% UP ON COMPARABLE PRIOR YEAR PERIOD.LIKE-FOR-LIKE SALES VOLUMES FOR QUARTER WERE UP ON COMPARABLE PRIOR YEAR PERIOD.CONTINUE TO SEE MANAGEABLE UPWARD PRESSURE ON OUR COST BASE WITH INPUT COSTS UP ON COMPARABLE PRIOR YEAR PERIOD.PLANNED MILL MAINTENANCE SHUTS DURING QUARTER HAD AN ESTIMATED IMPACT ON UNDERLYING EBITDA OF AROUND EUR 30 MILLION.CONTINUE TO ESTIMATE THAT IMPACT OF MAINTENANCE SHUTS ON UNDERLYING EBITDA FOR 2018 WILL BE AROUND EUR 115 MILLION.Q4 WILL BE IMPACTED BY LARGE PROJECT RELATED SHUT AND RAMP-UP AT STETI MILL, RESTRUCTURING INITIATIVES IN INDUSTRIAL BAGS.  Full Article

Mondi taps Ferguson's Mike Powell as new finance chief

May 26 Plumbing parts distributor Ferguson Plc said on Tuesday Mike Powell has stepped down as its finance chief after three years in the role to take up the position of chief financial officer in packing firm Mondi Plc .