Company Profile

Mondi Group is a paper and packaging company with operations in Europe (90%) and South Africa (10%). Its European operations comprise three divisions: 1) Corrugated Packaging including the company's 2.3mt of containerboard capacity and box making; 2) Flexible Packaging, making paper bags and sack kraft paper, and 3) Uncoated Fine Paper, making white office paper. The company is listed in London and South Africa with a market cap of c.Stg5bn. We expect Mondi will generate revenues of c.EUR7.5bn in the 12 months to December 2024 with EBITDA of over EUR1bn.