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Mondi plc - Q3 2026 trading update
Mondi plc (“Mondi” provided an update on trading for the three months to 30 September 2026 (“third quarter” or “Q3 2026”).
Underlying EBITDA in the quarter was EUR196 million, including nil forestry fair value gain (Q2 2026: EUR167 million, including a EUR43 million forestry fair value loss). Excluding forestry fair value, underlying EBITDA was lower sequentially, primarily reflecting the impact of planned maintenance shuts. Good order books supported positive price momentum in the quarter, with higher average selling prices offsetting input cost inflation.
We remain focused on operational excellence, cost optimisation and improving the efficiency of our plant network to help mitigate fixed-cost inflation and strengthen the competitiveness of the business. We continue to make good progress transferring customer volumes from the converting plants scheduled to close later this year. As a further step to optimise our converting plant network, at the end of September, we sold one solid board converting plant and agreed the sale of a second. We continue to evaluate opportunities to optimise our asset portfolio and production footprint to enhance competitiveness and returns.
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