UK's Mondi slumps on dour third-quarter core profit, challenging demand environment

Svenska Cellulosa Aktiebolaget SCA

06/10/2025 09:01

**  Shares of British packaging and paper company Mondi MNDI.L down 17.5% at 864.2 p, top loser on London's FTSE 100 .FTSE

** Q3 underlying core profit slumps 22% from Q2 to 223 million euros ($260.1 million) as subdued demand and prices weigh

** MNDI expects challenging conditions to persist for remainder of 2025 amid fragile customer confidence, oversupply and lower selling prices

** Co expects contributions to EBITDA from major projects to be around 30 million euro in FY2025

** "Read across is negative to the wider P&P sector, due to weak demand but more to graphic paper" - Jefferies analysts

** Shares of Nordic forestry firms Stora Enso STERV.HE, UPM UPM.HE, SCA SCAb.ST down 2% to 5%

** Up to Friday's close, stock had fallen ~11.5% so far this year

($1 = 0.8546 euros)

($1 = 0.8573 euros)

 (Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))