Mondi PLC

Mondi Plc is a holding company, which engages in the manufacture and distribution of packaging and paper products. It operates through the following segments: Corrugated Packaging, Flexible Packaging, Uncoated Fine Paper, and Corporate. The Corrugated Packaging segment deals with the production of containerboard and corrugated solutions. The Flexible Packaging segment includes kraft paper, paper bags, and consumer flexibles operations. The Uncoated Fine Paper segment focuses on managing forests and manufacturing pulp, as well as uncoated fine paper that is converted into office papers and professional printing papers sold in folio form or large reels. The company was founded on April 11, 2007 and is headquartered in Weybridge, the United Kingdom.

Mondi PLC (LSE:MNDI) has said the closure of one of its paper mills following a fire last month will cost it €100 million (£83.4 million). The Stambolijski mill in Bulgaria will be shut for good after the fire in late September, Mondi said on Friday, affecting around 300 employees.

Mondi faces £83mln hit as fire foreces closure of paper mill for good

Large-cap paper producer Mondi PLC (LSE:MNDI) fell nearly 9% on the FTSE 100 this morning following a less-than-encouraging third-quarter trading update. Underlying earnings for the quarter fell 37% sequentially to €223 million (£186 million), primarily attributed to “more planned maintenance shuts and a forestry fair value loss”.

Mondi nosedives after disclosing substantial fall in sales

FTSE 100 packaging giant Mondi PLC (LSE:MNDI) has snapped up the German, UK and Benelux business of cardboard box maker Schumacher for a value of €634 million (£531 million). The South Africa-headquartered group said it will fund the deal from its existing bank facilities and expects it to boost earnings per share in the first full financial year following completion.

Mondi expands cardboard box-making capacity with German acquisition

Mondi plc (OTCPK:MNODF) Q2 2024 Earnings Conference Call August 1, 2024 4:00 AM ET Company Participants Andrew King - Group CEO Mike Powell - CFO Conference Call Participants Lars Kjellberg - Stifel Cole Hathorn - Jefferies Brian Morgan - RMB M Stanley James Perry - Citi James Twyman - Prescient Securities Ephrem Ravi - Citi Andrew Jones - UBS Sean Ungerer - Chronux Andrew King Good morning all, and welcome to Mondi's 2024 Half Year Results Presentation. I'm Andrew King, Group CEO, and I'm joined by Mike Powell, our CFO.

Mondi plc (MNODF) Q2 2024 Earnings Call Transcript

Amtech Systems

Cool Co Ltd

Mueller Water

Sarepta Therapeutics

MONDY, MWA, SRPT, ASYS and CLCO have been added to the Zacks Rank #1 (Strong Buy) List on July 3, 2024.

New Strong Buy Stocks for July 3rd

ITOCHU Corp

CLCO, ITOCY and MONDY made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 3, 2024.

Best Value Stocks to Buy for July 3rd

MONDY, MWA and ITOCY made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 3, 2024.

Best Income Stocks to Buy for July 3rd

WestRock

Investors with an interest in Paper and Related Products stocks have likely encountered both MONDI PLC UNS (MONDY) and WestRock (WRK). But which of these two stocks presents investors with the better value opportunity right now?

MONDY vs. WRK: Which Stock Is the Better Value Option?

Mondi, the spurned bidder for rival paper group DS Smith, said prices are picking up after weakness at the start of the year. Paper volumes were up on the previous three months and though prices were down they are now recovering the FTSE 100 group said in a trading update.

Mondi trading picks up as it licks wounds after spurned bid

Mondi PLC (LSE:MNDI) is set to update the market on its first quarter trading next Friday, May 3, after the paper firm walked away from a bidding war for rival DS Smith earlier this month. Mondi had looked to snub US group International Paper Co (NYSE:IP, ETR:INP) for DS, but withdrew any intention to bid further after the Memphis-based £5.8 billion offer was accepted.

Mondi's exit from DS Smith bidding war to be focus of update

DS Smith PLC (LSE:SMDS) fell over 9% on Friday after Mondi PLC  said it had scrapped plans to propose a takeover of the paper firm. “Following a period of due diligence, and after carefully considering the value the combination with DS Smith would deliver to Mondi's shareholders, the board has decided that the transaction would not be in the best interests of its shareholders,” Mondi announced.

DS Smith plummets as Mondi withdraws takeover bid

International Paper

British paper and packaging group Mondi said on Friday it would not make an offer to buy DS Smith , bowing out of the battle after its UK peer agreed to a 5.8 billion pound deal with International Paper earlier this week.

Mondi drops out of race to buy DS Smith in win for rival International Paper

DS Smith PLC (LSE:SMDS) has agreed to a 415p-per-share offer from US packing group International Paper, putting an end to lengthy negotiations with rival domestic bidder Mondi PLC (LSE:MNDI). Talks were still ongoing between DS Smith and Mondi as late as last week when Memphis-based International Paper tabled a knock-out £5.8 billion offer.

DS Smith snubs Mondi, accepts £5.8bn bid from International Paper

DS Smith PLC (LSE:SMDS), which last month agreed a £10 billion merger with fellow paper and packaging group Mondi, before later receiving a higher bid from US rival International Paper, said it has now reached a new agreement with Mondi. An agreement in principle has been made on a possible all-share offer by Mondi, where the South African group would acquire the entire share capital of DS Smith.

DS Smith takeover talks with Mondi continue after new terms agreed

Shares in FTSE 100-listed DS Smith PLC (LSE:SMDS) surged higher after the packaging group confirmed yesterday evening that it is in talks about being bought by rival International Paper Co (NYSE:IP).  The proposal is that DS Smith shareholders would get 0.1285 International Paper shares for each of theirs, with the latest IP share price of $40.85 valuing DS Smith at 415p apiece, a 48% premium to where its shares traded before its 8 March agreement of a possible merger with Mondi PLC (LSE:MNDI).

DS Smith jumps on rival offer from International Paper, talks ongoing with Mondi

Mondi PLC (LSE:MNDI), the packaging company, has agreed in principle to purchase rival DS Smith PLC (LSE:SMDS) for £5.14 billion, in turn lifting the group's market value to around £10 billion. The offer values DS Smith at around 373p per share, despite shares in the group trading at 350p on Friday.

Mondi to buy DS Smith to make packaging giant

Shares in DS Smith rose more than 7% on Friday, a day after bigger rival Mondi made a 5.14 billion pound ($6.58 billion) all-share offer to buy the British paper and packaging group.

DS Smith shares cheer Mondi's $6.5 bln bid to create European packaging leader

Britain's Mondi reached an agreement in principle for an all-share offer to buy smaller rival DS Smith on Thursday to create a paper and packaging giant worth more than 10 billion pounds in market value.

Mondi reaches offer to buy smaller rival DS Smith

FTSE 100-listed packaging business DS Smith PLC (LSE:SMDS) delivered a bare-bones trading update this morning. It stated that like-for-like corrugated box volumes in the third quarter “continues to improve compared with the first half of our financial year, with flat like-for-like volumes in the period since 1 November 2023”.

DS Smith silent on Mondi bid in brief trading update

Mondi plc (OTCPK:MNODD) Q4 2023 Results Conference Call February 22, 2024 4:00 AM ET

Mondi plc (MNODD) Q4 2023 Earnings Call Transcript

DS Smith shares jumped 12% after it revealed it had received a "highly preliminary expression of interest" from packaging industry peer Mondi PLC (LSE:MNDI) about a possible merger, which would create company worth more than £10 billion. "The board of DS Smith understands that Mondi is considering a possible offer for DS Smith although no proposal has been received at this stage," DS Smith said.

DS Smith shares jump after receiving merger approach from Mondi

Mondi is facing tougher business conditions due to weak global economy and lower demand for packaging products, leading to lower prices. The company's business performance has been weak, with quarterly underlying EBITDA lagging behind last year. Despite the challenges, Mondi remains well-positioned in the long term with a global network, customer relationships, and focus on cost control. The company is proposing a special dividend and share consolidation.

Mondi: Ongoing Value At The Current Price

MONDI PLC UNS (MONDY) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

MONDI PLC UNS (MONDY) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

Jefferies has downgraded Mondi PLC (LSE:MNDI) shares despite being a “structurally well-placed, low-cost paper and packaging producer”. Although the FTSE 250-listed corporation has sound fundamentals, analysts see limited upside catalysts in the near term, barring incremental earnings benefits from its capital-allocation strategy.

Mondi is consolidating, but patient shareholders will be rewarded - analyst

Sustainable packaging and paper provider Mondi PLC (LSE:MNDI)'s share price dropped by 5.4% in early trades on Thursday after the company issued a profit warning for the third quarter.  It said in a trading update that market demand remained “soft” in the period, adding that it expects a 42% year over year reduction in underlying earnings for the quarter.

News for Mondi PLC Stock (MONDY)