{"success":true,"data":{"pressRelease":{"id":"7970","rtpr_id":"nPRrO3487a","ticker":"MNDI","exchange":"LSE","all_tickers":["MNDI"],"title":"REG-Mondi Plc: Q1 2026 Trading Update","author":"PR Newswire","published_at":"2026-04-24T06:00:26.690Z","article_body":"Mondi plc\n\n(Incorporated in England and Wales)\n\n(Registered number:           6209386)\n\nLEI:           213800LOZA69QFDC9N34\n\nLSE share code: MNDI\n\nJSE share code: MNP ISIN:           GB00BMWC6P49\n\n \n\n24 April 2026\n\n \n\nQ1 2026 Trading Update\n\n \n\nMondi plc (“Mondi”), a global leader in sustainable packaging and paper,\ntoday provides an update on trading for the three months to 31 March 2026\n(“first quarter” or “Q1 2026”).\n\n \n\nMarket conditions in the first quarter of 2026 remained challenging resulting\nin an underlying EBITDA of €212 million, including €8 million of forestry\nfair value gain                     (Q4 2025 €214 million, including €1\nmillion of forestry fair value gain).\n\n \n\nOn a sequential basis, our Corrugated Packaging and Flexible Packaging\nbusiness units increased sales volumes across our range of paper grades. This\nwas supported by recent capacity expansions, as well as our exposure to\ndiversified geographies, end markets and products. There were also no planned\nmaintenance shuts in the quarter. The increase in volumes was offset by lower\naverage selling prices and, towards the end of the quarter, higher\nenergy-related input costs. In the converting operations, performance of our\nCorrugated Solutions and Paper Bags businesses was impacted by margin\npressure, while Consumer Flexibles delivered a broadly stable performance,\nsupported by resilient end-markets.\n\n \n\nSignificantly heightened geopolitical tensions in the Middle East further\nincreased volatility in an already complex operating environment. We have a\nlimited direct exposure to the region and all operations continue to run\nsafely, with the wellbeing of our colleagues remaining our highest priority.\nAcross the business, we have however experienced increased energy, raw\nmaterial and logistics costs. We are actively responding with pricing actions.\nWhile there is a customary lag, we expect the impact of these price increases\nto take full effect in the third quarter of this year.\n\n \n\nFollowing a recent reduction in wood prices in South Africa, and assuming the\nmarket environment does not change significantly for the remainder of the\nyear, the full-year forestry fair value gain for 2026 is expected to be nil.\n\n \n\nWe continue to take targeted actions to strengthen our competitive advantage.\nOperational excellence programmes, rigorous cost control and margin management\nremain central to our approach. In April, we announced the closure of a\nfurther three converting plants comprising a Consumer Flexibles plant in\nHungary and Corrugated Solutions plants in Poland and Germany. Together these\nclosures will reduce headcount by 450 over the course of this year. This\nbrings the total number of recently announced plant closures to six, with\ncustomers transferring to alternative plants in our network.\n\n \n\nCash flow optimisation remains a priority, supported by disciplined control of\ncapital expenditure and rigorous working capital management.\n\n \n\nAndrew King, CEO Mondi Group commented:\n\n \n\n“Against a backdrop of challenging market conditions, sales volumes\nincreased, although lower selling prices and latterly, cost pressures linked\nto escalating geopolitical tensions, weighed on underlying EBITDA.\n\n \n\n \n\n“These pressures persist into the second quarter and we are taking pricing\nactions to mitigate their impact. While there is an inherent time lag, we\nexpect these measures to take full effect in the third quarter.\n\n \n\n“Despite the uncertain outlook, we continue to focus on what we can control\n— driving operational excellence, rigorous cost and margin discipline,\noptimising our production footprint and focused cashflow management. These\nactions underpin our confidence in our ability to navigate the current\nheadwinds and continue to deliver our high-quality range of sustainable\npackaging and paper products for our customers.”\n\n \n\n- END –\n\n \n\n € million                                                 Q1   Q2   Q3   Q4   \n 2026 Underlying EBITDA   (including forestry fair value)  212  -    -    -    \n 2026 Forestry fair value gain                             8                   \n 2025 Underlying EBITDA  (including forestry fair value)   290  274  223  214  \n 2025 Forestry fair value gain                             2    16   20   1    \n\n \n\nEnquiries\n\nInvestors/analysts:\n\nFiona Lawrence                                                           \n                +44 742 587 8683\n\nMondi Group: Head of Investor Relations\n\n \n\nMedia:\n\nKerry Cooper                                                             \n                         +44 7881 455 806\n\nMondi Group: Group Communication Director\n\n \n\nRichard Mountain                                                         \n                  +44 790 968 4466\n\nFTI Consulting\n\n \n\nResults call details\n\n \n\nA call will be held today at 08:00 (BST), 9:00 (CET/SAST).\n\nEvent registration link:                      \n                                \nhttps://storm-virtual-uk.zoom.us/webinar/register/WN_G1vQhA90Svq1o7KEyOrRzg   \n                               \n\n \n\nOnce registered, you will receive a confirmation email from ‘Mondi Group\nEvents’ with the webinar link and ID.\n\n \n\nA replay will be available on our website within a couple hours after the end\nof the live results call at:                                            \n     https://www.mondigroup.com/investors/results-reports-and-presentations/\n\n \n\nFor any queries, please e-mail                                 \nir@mondigroup.com\n\n \n\n \n\n \n\nEditor’s notes\n\n \n\nMondi is a global leader in packaging and paper, contributing to a better\nworld by producing products that are sustainable by design. We employ 24,000\npeople in more than 30 countries and operate an integrated business with\nexpertise spanning the entire value chain, enabling us to offer our customers\na broad range of innovative solutions for consumer and industrial end-use\napplications. Sustainability is at the centre of our strategy, with our\nambitious commitments to 2030 focused on circular driven solutions, created by\nempowered people, taking action on climate.\n\n \n\nIn 2025, Mondi had revenues of €7.7 billion and underlying EBITDA of €1.0\nbillion. Mondi is listed on the London Stock Exchange in the ESCC category\n(MNDI), where the Group is a FTSE100 constituent. It also has a secondary\nlisting on the JSE Limited (MNP).\n\n \n\nmondigroup.com\n\n \n\nSponsor in South Africa: J.P. Morgan Equities South Africa (Pty) Ltd\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPRrO3487a","title":"REG-Mondi Plc: Q1 2026 Trading Update","author":"PR Newswire","ticker":"MNDI","created":"2026-04-24T06:00:26.690Z","tickers":["MNDI"],"exchange":"LSE","article_body":"Mondi plc\n\n(Incorporated in England and Wales)\n\n(Registered number:           6209386)\n\nLEI:           213800LOZA69QFDC9N34\n\nLSE share code: MNDI\n\nJSE share code: MNP ISIN:           GB00BMWC6P49\n\n \n\n24 April 2026\n\n \n\nQ1 2026 Trading Update\n\n \n\nMondi plc (“Mondi”), a global leader in sustainable packaging and paper,\ntoday provides an update on trading for the three months to 31 March 2026\n(“first quarter” or “Q1 2026”).\n\n \n\nMarket conditions in the first quarter of 2026 remained challenging resulting\nin an underlying EBITDA of €212 million, including €8 million of forestry\nfair value gain                     (Q4 2025 €214 million, including €1\nmillion of forestry fair value gain).\n\n \n\nOn a sequential basis, our Corrugated Packaging and Flexible Packaging\nbusiness units increased sales volumes across our range of paper grades. This\nwas supported by recent capacity expansions, as well as our exposure to\ndiversified geographies, end markets and products. There were also no planned\nmaintenance shuts in the quarter. The increase in volumes was offset by lower\naverage selling prices and, towards the end of the quarter, higher\nenergy-related input costs. In the converting operations, performance of our\nCorrugated Solutions and Paper Bags businesses was impacted by margin\npressure, while Consumer Flexibles delivered a broadly stable performance,\nsupported by resilient end-markets.\n\n \n\nSignificantly heightened geopolitical tensions in the Middle East further\nincreased volatility in an already complex operating environment. We have a\nlimited direct exposure to the region and all operations continue to run\nsafely, with the wellbeing of our colleagues remaining our highest priority.\nAcross the business, we have however experienced increased energy, raw\nmaterial and logistics costs. We are actively responding with pricing actions.\nWhile there is a customary lag, we expect the impact of these price increases\nto take full effect in the third quarter of this year.\n\n \n\nFollowing a recent reduction in wood prices in South Africa, and assuming the\nmarket environment does not change significantly for the remainder of the\nyear, the full-year forestry fair value gain for 2026 is expected to be nil.\n\n \n\nWe continue to take targeted actions to strengthen our competitive advantage.\nOperational excellence programmes, rigorous cost control and margin management\nremain central to our approach. In April, we announced the closure of a\nfurther three converting plants comprising a Consumer Flexibles plant in\nHungary and Corrugated Solutions plants in Poland and Germany. Together these\nclosures will reduce headcount by 450 over the course of this year. This\nbrings the total number of recently announced plant closures to six, with\ncustomers transferring to alternative plants in our network.\n\n \n\nCash flow optimisation remains a priority, supported by disciplined control of\ncapital expenditure and rigorous working capital management.\n\n \n\nAndrew King, CEO Mondi Group commented:\n\n \n\n“Against a backdrop of challenging market conditions, sales volumes\nincreased, although lower selling prices and latterly, cost pressures linked\nto escalating geopolitical tensions, weighed on underlying EBITDA.\n\n \n\n \n\n“These pressures persist into the second quarter and we are taking pricing\nactions to mitigate their impact. While there is an inherent time lag, we\nexpect these measures to take full effect in the third quarter.\n\n \n\n“Despite the uncertain outlook, we continue to focus on what we can control\n— driving operational excellence, rigorous cost and margin discipline,\noptimising our production footprint and focused cashflow management. These\nactions underpin our confidence in our ability to navigate the current\nheadwinds and continue to deliver our high-quality range of sustainable\npackaging and paper products for our customers.”\n\n \n\n- END –\n\n \n\n € million                                                 Q1   Q2   Q3   Q4   \n 2026 Underlying EBITDA   (including forestry fair value)  212  -    -    -    \n 2026 Forestry fair value gain                             8                   \n 2025 Underlying EBITDA  (including forestry fair value)   290  274  223  214  \n 2025 Forestry fair value gain                             2    16   20   1    \n\n \n\nEnquiries\n\nInvestors/analysts:\n\nFiona Lawrence                                                           \n                +44 742 587 8683\n\nMondi Group: Head of Investor Relations\n\n \n\nMedia:\n\nKerry Cooper                                                             \n                         +44 7881 455 806\n\nMondi Group: Group Communication Director\n\n \n\nRichard Mountain                                                         \n                  +44 790 968 4466\n\nFTI Consulting\n\n \n\nResults call details\n\n \n\nA call will be held today at 08:00 (BST), 9:00 (CET/SAST).\n\nEvent registration link:                      \n                                \nhttps://storm-virtual-uk.zoom.us/webinar/register/WN_G1vQhA90Svq1o7KEyOrRzg   \n                               \n\n \n\nOnce registered, you will receive a confirmation email from ‘Mondi Group\nEvents’ with the webinar link and ID.\n\n \n\nA replay will be available on our website within a couple hours after the end\nof the live results call at:                                            \n     https://www.mondigroup.com/investors/results-reports-and-presentations/\n\n \n\nFor any queries, please e-mail                                 \nir@mondigroup.com\n\n \n\n \n\n \n\nEditor’s notes\n\n \n\nMondi is a global leader in packaging and paper, contributing to a better\nworld by producing products that are sustainable by design. We employ 24,000\npeople in more than 30 countries and operate an integrated business with\nexpertise spanning the entire value chain, enabling us to offer our customers\na broad range of innovative solutions for consumer and industrial end-use\napplications. Sustainability is at the centre of our strategy, with our\nambitious commitments to 2030 focused on circular driven solutions, created by\nempowered people, taking action on climate.\n\n \n\nIn 2025, Mondi had revenues of €7.7 billion and underlying EBITDA of €1.0\nbillion. Mondi is listed on the London Stock Exchange in the ESCC category\n(MNDI), where the Group is a FTSE100 constituent. It also has a secondary\nlisting on the JSE Limited (MNP).\n\n \n\nmondigroup.com\n\n \n\nSponsor in South Africa: J.P. Morgan Equities South Africa (Pty) Ltd\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-04-24T06:00:26.766383769Z","server_sent_at_ms":1777010426766},"received_at":"2026-04-24T06:00:26.825Z","source_url":null},"analysis":null,"durationMs":null,"modelName":null}}