Mondi Results Presentation Deck
Uncoated Fine Paper
Supplier of choice
Underlying EBITDA and margin
€ million and %
16
9.8%
58
H1 2021
21.6%
171
H1 2022
24.3%
168
H1 2023
Lower European uncoated fine paper volumes offsetting higher pulp
volumes in South Africa
Benefited from higher average uncoated fine paper selling prices
o Declining European prices and stable pricing in South Africa over
the course of H1 2023
• Higher costs, although declining over the period
Forestry fair value gain of €86 million (H1 2022: €30 million)
● Continue to benefit from cost competitiveness, broad product
portfolio and excellent customer service
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Laser
Inkjet
19 THE DITERMET
BERL
IF THE MBJEZ
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IQ UNIVERSAL
% of
Group
EBITDA
MELING
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AESTRE MAS
HASTA ESTRE
MAESTR
MATEMAT
RESTRE MAST
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MAISTRER W
NOT
HECTRO MAESTRE
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ASTRE MARTIN ME
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