Mondi PLCMNDI
▼ NegativeCapitalrelevance
Net loss, impairments, lower EBITDA, and higher leverage weigh on results.
Impact on assets 1
Materials
Mondi PLCMondi swings to loss in first half of 2026 on impairments
2▲0 ▼1Impact / 5
Mondi reported a net loss attributable to shareholders of €255 million for the first half of 2026, reversing a profit of €63 million a year earlier, as asset impairment charges, lower average selling prices, and rising input costs weighed on results. Revenue edged up to €3.98 billion from €3.91 billion, helped by contributions from acquired Schumacher plants, but underlying EBITDA fell to €379 million from €564 million. The company booked a pre-tax special item charge of €320 million linked to impairments and restructuring, and lowered its expected full-year 2026 capital expenditure to about €500 million from €550 million. Net debt stood at €2.6 billion at the end of June 2026, with net debt to underlying EBITDA rising to 3.2 times from 2.6 times at the end of December 2025. Mondi also signed an agreement in April 2026 to dispose of the remaining assets and liabilities of the Stambolijski paper mill in Bulgaria, which stopped operating after a fire in September 2024, with the deal expected to complete in the second half of 2026.
Mondi PLCNet loss, impairments, lower EBITDA, and higher leverage weigh on results.