“Our underlying EBITDA of €565 million in the first six months, although lower than the comparable period last year, reflected an encouraging performance,“ says Andrew King, Mondi Group CEO.
“This was supported by improving market conditions, resulting in stronger order books and higher sales volumes. We implemented several price increases across our paper grades, and alongside lower input costs, we delivered a sequential improvement in underlying EBITDA compared to the second half of 2023.“
Key Highlights:
• Robust Performance: Mondi reported an underlying EBITDA of €565 million, aligning with market expectations.
• Q2 Boost: The second quarter saw a benefit of approximately €40 million from rescheduled maintenance shuts and a higher-than-expected forestry fair value gain.
• Organic Growth: Continued progress in delivering organic growth investments, with projects on track and within budget.
• Shareholder Support: Ongoing support for shareholder distributions through ordinary and special dividends.
For more detailed insights, visit Mondi Group’s official website.
corruga.expert
