Mondi plc reported improved Q1 2024 sales volumes, lower average prices but higher expected EBITDA due to price increases for Q2.

Mondi plc, a leading sustainable packaging and paper producer, reported improved market conditions in Q1 2024, leading to higher sales volumes across paper grades and a solid performance in downstream converting operations. Average selling prices were lower than Q4 2023, but recently-announced price increases are expected to positively impact Q2. Underlying EBITDA for Q1 was €214m, in line with expectations.

May 03, 2024
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