Mondi Stock News

Mondi PLC (LSE:MNDI) shares fell 10% to 736.80p after its third-quarter update showed weaker underlying EBITDA and a forestry outlook that Panmure Liberium expected to pressure consensus forecasts. The broker listed a ‘buy' rating and a target of 1,103 pence, while highlighting delays in passing on higher input costs.

Packaging firm Mondi hikes prices again to counter rising costs

Mondi PLC (LSE:MNDI) reported third-quarter underlying earnings before interest, tax, depreciation and amortisation (EBITDA) of €196 million, up 17% from €167 million in the previous quarter as higher selling prices helped offset rising input costs. The packaging and paper group said the second-quarter figure included a €43 million forestry fair value loss, while there was no forestry gain or l...

Mondi PLC (LSE:MNDI), the integrated European packaging and paper group, faces rising cost pressures that could limit expectations for a stronger earnings recovery in 2027, Jefferies said. Jefferies expects Mondi to report third-quarter earnings before interest, tax, depreciation and amortisation of €205 million, up from €167 million in the second quarter.

Panmure Liberum has begun coverage of Mondi PLC (LSE:MNDI), the packaging and paper group, with a 'buy' recommendation and a target price of 1,103p. Mondi's market capitalisation stood at £3.873 billion at the time of the note's publication.

Mondi PLC (LSE:MNDI) shares jumped 12.1% to 884.8p as investors looked beyond a sharp fall in first-half earnings and a dividend cut to improving trading momentum and further action on costs. The packaging and paper group said revenue increased to €4 billion from €3.9 billion, helped by higher sales volumes and price increases.