Mondi plc Price & Performance (MONDY)

Mondi has finalized its purchase of Schumacher Packaging’s Western Europe operations, significantly expanding capacity and product range. The move includes advanced facilities in Germany and enhances Mondi’s offering for eCommerce and FMCG customers, supporting the rising demand for sustainable, high-performance packaging solutions across the continent.12

Mondi has confirmed the 2024 final dividend exchange rates, with UK shareholders receiving 39.93 pence per share and South African investors set for 901.42 rand cents per share. The payments, subject to approval, will be made on May 16. The company emphasizes sustainability and reported €7.4 billion in 2024 revenue.34

Mondi’s stock on the Johannesburg Stock Exchange closed at ZAR 285.71, up 1.8% on the day. With a year-to-date gain of nearly 3%, the company remains one of the most traded stocks on the JSE, reflecting ongoing investor confidence in its integrated packaging and paper business.45