17 October 2017
Since its listing in 2007, Mondi Group has doubled ROCE and tripled underlying EPS. Mondi enters its next decade as a listed entity well-positioned to benefit from general economic trends – such as e-commerce and the ongoing strong growth in central eastern Europe, as well as specific industry trends – such as the growing preference across a wide customer base for lighter, stronger packaging (lightweighting); the substitution of rigid by flexible packaging; and smart, environmentally responsible packaging solutions.
Mondi Group CEO Peter Oswald said, “Mondi’s industry leading margins and returns are a consequence of our inherent competitive advantages. Today we will show our investors how we plan to further develop our culture of driving performance; leverage our cost-advantaged assets; increase our focus on partnering with customers for innovation; inspire our people and grow responsibly. We are positioning ourselves to benefit from various general economic and industry specific trends. I believe this will deliver robust value accretive growth well into the future, both organically and through acquisitions.”
No material new information, forward looking financial information nor update on trading will be provided. The London presentations and a link to the live webcast of the event are available at www.mondigroup.com/CMD2017.
Andrew King +44 193 282 6355
Sara Sizer +43 664 244 9994
Richard Mountain +44 7909 684 466
Frances Bussey +44 20 3727 1340
We are Mondi: In touch every day
At Mondi, our products protect and preserve the things that matter.
Mondi is an international packaging and paper Group, employing around 25,000 people across more than 30 countries. Our key operations are located in central Europe, Russia, North America and South Africa. We offer over 100 packaging and paper products, customised into more than 100,000 different solutions for customers, end consumers and industrial end uses – touching the lives of millions of people every day. In 2016, Mondi had revenues of €6.7 billion and a return on capital employed of 20.3%.
The Mondi Group is fully integrated across the packaging and paper value chain - from managing forests and producing pulp, paper and compound plastics, to developing effective and innovative industrial and consumer packaging solutions. Our innovative technologies and products can be found in a variety of applications including hygiene components, stand-up pouches, superstrong cement bags, clever retail boxes and office paper. Our key customers are in industries such as automotive; building and construction; chemicals; food and beverage; home and personal care; medical and pharmaceutical; packaging and paper converting; pet care; and office and professional printing.
Mondi has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker code MND and a premium listing on the London Stock Exchange for Mondi plc, under the ticker code MNDI.
For us, acting sustainably makes good business sense and is part of the way we work every day. We have been included in the FTSE4Good Index Series since 2008 and the JSE's Socially Responsible Investment (SRI) Index since 2007.
Sponsor in South Africa: UBS South Africa (Pty) Ltd
(Incorporated in the Republic of South Africa)
(Registration number: 1967/013038/06)
JSE share code: MND ISIN: ZAE000156550
(Incorporated in England and Wales)
(Registered number: 6209386)
JSE share code: MNP ISIN: GB00B1CRLC47
LSE share code: MNDI
As part of the dual listed company structure, Mondi Limited and Mondi plc (together ‘Mondi Group’) notify both the JSE Limited and the London Stock Exchange of matters required to be disclosed under the Listings Requirements of the JSE Limited and/or the Disclosure Guidance and Transparency and Listing Rules of the United Kingdom Listing Authority.