Mondi have declared an interim ordinary dividend for the year ending 31 December 2025 of 23.33 euro cents per ordinary share will be paid on Friday 26 September 2025 to those shareholders on the register of Mondi plc on Friday 22 August 2025. The dividend will be paid from distributable reserves of Mondi plc, as presented in the annual financial statements for the year ended 31 December 2024. The interim ordinary dividend is not recognised as a liability at 30 June 2025.
Other financial highlights include:
• Underlying EBITDA of €564 million, including €18 million forestry fair value gain, comparable to the first half of 2024 (H1 2024: €565 million including €49 million forestry fair value gain)
• Solid performance in our two packaging businesses supported by higher average selling prices
• Corrugated Packaging underlying EBITDA of €203 million, 42% ahead of comparable period (H1 2024: €143 million)
• Flexible Packaging underlying EBITDA of €302 million, 9% ahead of comparable period (H1 2024: €276 million)
• Uncoated Fine Paper delivered underlying EBITDA of €81 million, including a forestry fair value gain of €18 million (H1 2024: €166 million including a forestry fair value gain of €49 million)
• Good progress delivering key strategic initiatives
• Production and sales ramping up for all major capacity expansion projects
• Completed the acquisition of the Western Europe Packaging Assets of Schumacher Packaging (“Schumacher”) on 31 March 2025 with integration and delivery of synergies on track
• Increased cash generated from operations of €416 million (H1 2024: €372 million)
• Leverage (net debt to underlying EBITDA) of 2.5 times at 30 June 2025, higher following investments to further enhance our portfolio (31 December 2024: 1.7 times)
