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Mondi shares jump 12% as price hikes and cost cuts boost outlook despite earnings drop and dividend cut

Company Fundamentals
30 Jul 2026
Proactive Investors
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Neutral
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Mondi PLC's shares rose 12.1% following a mixed first-half report showing a 33% drop in underlying earnings and a dividend cut. Revenue increased slightly to €4 billion due to higher sales volumes and price rises, but margins shrank due to rising costs and lower selling prices. The company is closing six plants and cutting capital expenditure to improve efficiency, with CEO Andrew King noting improved trading momentum and strong order books. Despite a statutory pre-tax loss and increased net debt, investors responded positively to the company's cost-cutting and pricing strategies.

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