Brief: Mondi Reports Q1 2026 Underlying EBITDA Of €212 Million
24/04/2026 07:16
April 24 (Reuters) - Mondi PLC MNDI.L: JSE: MNP - Q1 2026 TRADING UPDATE MONDI: SIGNIFICANTLY HEIGHTENED GEOPOLITICAL TENSIONS IN MIDDLE EAST FURTHER INCREASED VOLATILITY IN AN ALREADY COMPLEX OPERATING ENVIRONMENT MONDI - Q1 2026 UNDERLYING EBITDA €212 MILLION INCLUDING €8 MILLION FORESTRY FAIR VALUE GAIN MONDI: LIMITED DIRECT EXPOSURE TO REGION AND ALL OPERATIONS CONTINUE TO RUN SAFELY, WITH WELLBEING OF OUR COLLEAGUES REMAINING OUR HIGHEST PRIORITY MONDI: FULL-YEAR FORESTRY FAIR VALUE GAIN FOR 2026 IS EXPECTED TO BE NIL MONDI: ACROSS BUSINESS, WE HAVE HOWEVER EXPERIENCED INCREASED ENERGY, RAW MATERIAL AND LOGISTICS COSTS MONDI: WHILE THERE IS A CUSTOMARY LAG, WE EXPECT IMPACT OF THESE PRICE INCREASES TO TAKE FULL EFFECT IN Q3 OF THIS YEAR MONDI: CLOSURE OF A FURTHER THREE CONVERTING PLANTS WILL REDUCE HEADCOUNT BY 450 OVER COURSE OF THIS YEAR Source text: ID:nJseX0008a Further company coverage: MNDI.L ((Reuters.Briefs@thomsonreuters.com;))