Mondi Results Presentation Deck
Flexible Packaging
Resilient performance from unique platform
Underlying EBITDA and margin
€ million and %
15
18.5%
295
H1 2021
20.0%
416
H1 2022
16.6%
343
H1 2023
Lower volumes as a result of softer demand and the effects of customer
destocking
Across the kraft paper and paper bag value chain:
Moderate volume declines in the Americas, North Africa and Middle
East compared to weaker European markets
Higher average selling prices although declines during H1 2023 and
into Q3 2023
o Higher costs
Resilient performance from Consumer Flexibles and Functional Paper
and Films
Continue to invest across our platform to take advantage of our
leading market positions and the structural growth drivers
underpinning our markets
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SPLASH
BAG
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FlexiBag
Recyclable
% of
Group
EBITDA
INSENARE & DEGICAL
Recyclable
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