Mondi have recommended total ordinary dividend of 70.0 euro cents per share

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Mondi have recommended total ordinary dividend of 70.0 euro cents per share

Mondi announced an interim dividend for the year ended 31 December 2024 of 23.33 euro cents per ordinary share was paid on Friday 27 September 2024 to those shareholders on the register of Mondi plc on Friday 23 August 2024.

A proposed final dividend for the year ended 31 December 2024 of 46.67 euro cents per ordinary share will be paid on Friday 16 May 2025 to those shareholders on the register of Mondi plc on Friday 4 April 2025.

The final ordinary dividend proposed has been recommended by the Board and is subject to the approval of the shareholders of Mondi plc at the Annual General Meeting scheduled for Thursday 8 May 2025.

Other financial highlights include:

 Resilient performance in line with their expectations

 Underlying EBITDA of €1,049 million, including €7 million forestry fair value gain (2023: €1,201 million including €128 million forestry fair value gain)

 Delivering on their growth strategy

 Started up five major capacity expansion projects – on time and within budget – including the new paper machine at Steti (Czech Republic) that commenced operations ahead of plan in December 2024 

 Completed the acquisition of Hinton pulp mill (Canada)

 Agreed acquisition of Schumacher’s Western Europe Packaging Assets – on track to complete in H1 2025

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